Insights

Opinion pieces from the team, and uses cases covering private markets, infrastructure investment, climate change, social risk, and more.

Featured image for “UK Water Utilities: Why the negative returns in 2019Q4?”

UK Water Utilities: Why the negative returns in 2019Q4?

Jan. 26, 2020
[mathjax] In this note, we provide some details and clarifications about our 2019Q4 index release with a focus on the performance of UK water utilities. Our 16th January release mentions that upward movements in gilt rates in the last months of 2019 led to negative returns for numerous infrastructure companies in that quarter, especially firms with very long-term cash flow
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An asset class is born

Jul. 17, 2019
New indices, better benchmarks The next generation of EDHECinfra indices is ready. Computed quarterly, they use meticulously curated private data on hundreds of companies in the 25 most active global markets. They utilise cutting-edge fair value asset pricing methods to gauge value in private infrastructure investments. A key element in this project’s success was accurately defining the investment universe. Infrastructure
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Part 3: A factor revolution in unlisted infra

Jul. 01, 2019
A version of this blog was originally published on top1000funds.com. This blog marks our third and final article on the EDHECinfra/G20 survey of infrastructure benchmarking practices. This time, we take a look at the role of infrastructure investment benchmarks for the purpose of risk management. More than 300 respondents took part in the survey. They included representatives of 130 asset
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Part 2: Infra performance benchmarks wanting

May. 29, 2019
A version of this blog was first published on top1000funds.com The EDHECinfra/G20 survey of infrastructure benchmarking practices included representatives of 130 asset owners accounting for $10 trillion AUM. It revealed that that existing performance monitoring benchmarks are self-defeating for asset owners and managers. But we have made great progress on tacking this problem at EDHECInfra. We have been creating more representative,
Featured image for “Part 1: infra risks misunderstood”

Part 1: infra risks misunderstood

May. 22, 2019
The 2019 EDHECinfra/G20 survey of infrastructure investors is a detailed study of benchmarking practices amongst asset owners and managers and brought to light a significant issue with regard to the investment process in infrastructure: investors do know how much risk they are taking and they are not happy about it.
Featured image for “An uncomfortable truth: infrastructure investors do not know their risks”

An uncomfortable truth: infrastructure investors do not know their risks

Apr. 25, 2019
We carried out the largest survey of infrastructure investors ever made. Here’s what we found: The largest survey of infrastructure investors ever undertaken shows that most investors cannot benchmark the risks they find themselves exposed to when investing in unlisted infrastructure. EDHECinfra releases a new survey sponsored by the Global Infrastructure Hub (GIH, a G20 Initiative). More than 300 respondents