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June 24, 2006

Super money forced offshore - Australian infrastructure funds

There is a huge imbalance in Australia between demand from super funds and supply of infrastructure projects, writes David Uren

June 24, 2006

AUSTRALIAN super funds are heading overseas to invest in infrastructure projects because of a lack of opportunities at home. Investment managers establishing offshore funds for superannuation investment include Industry Fund Services, AMP Capital, Hastings and Macquarie Bank, while there are about 10 investment managers with substantial overseas infrastructure holdings.

Some of these funds expect as much as half of their infrastructure investments to be offshore...

Full story...

Posted by rjorr at June 24, 2006 10:04 AM