Lloyds Banking Group is preparing to launch a new infrastructure fund to help finance key public sector projects in Britain and Germany, the Financial Times reported. The report said Lloyds saw infrastructure and private finance initiatives (PFI) as a resilient investment class which would produce stable and long-term income. It was said that the fund would focus on social and economic infrastructure such as airports, ports and power.

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Posted by mopeng at May 3, 2010 10:24 PM