Insights

The growth in private assets Since 2012, EY estimates that private assets increased their Assets Under Management (AUM) from US$9.7 trillion to US$24.4 trillion by the end of 2023.1 This growth, has seen private managers tap different sources of capital. Starting with traditional investors such as endowments, pension funds and insurance companies, the managers have innovated, identifying permanent sources of

In an open letter addressed to Chief Executive Officer of Ofwat, the UK water regulator, the EDHEC Infrastructure & Private Assets Research Institute has expressed deep concern about the regulator’s role in the mispricing of Thames Water’s cost of capital. The letter, penned by Professor Noël Amenc, Dr Frederic Blanc-Brude and Dr Tim Whittaker, highlights the impact of mispricing on both

As part of the government’s policy to promote economic growth, the UK Department for Work and Pensions (DWP) wants to build an evidence base around how defined benefit (DB) pension schemes could increase the amount invested in productive asset classes including infrastructure. In its response to DWP, EDHEC Infra & Private Assets underlines the advantages of infrastructure for long-term investors, particularly

In recent years, the European Insurance and Occupational Pensions Authority has made considerable efforts to improve the integration of climate risk into the assessment of the solvency of pensions and insurance institutions, notably with the first stress tests on the occupational pensions sector conducted in 2022 and the publication of the application guidance on how to reflect climate risk in

The high level of tolls on privatised highways is a sensitive matter in French politics. This research paper on the adequate level of tolls on French roads is prominently featured in a report released by the Senate Investigative Committee on the control and regulation of highway concession contracts and highlights the failure to set tolls using fair benchmarks.

Cette publication, dont les conclusions sont reprises dans leur intégralité par le rapport de Commission d’enquête du Sénat sur « le contrôle, la régulation et l’évolution des concessions autoroutières » publié le 18 Septembre 2020, met en lumière l’archaïsme de la réglementation des péages dans les concessions d’autoroutes en France.