Strong Appetite for Offering of Chilean Water Utility, Aguas Andinas, Amidst Weak Broader Markets
June 23 2011By Dan Simmonds, RARE Infrastructure.
Aguas Andinas is a Chilean regulated water and sewage company listed on the Santiago Stock Exchange. Aguas serves 6.2m people (45% of Chile’s population), predominantly in and around Santiago. 94% of Aguas’ customers are residential customers and demand for water and sewage services is …
RARE Infrastructure Summary of Top 10 Stocks as at 31 May 2011
June 10 2011The Top 10 Stocks for RARE Infrastructure as at 31 May 2011 are:
1. Vinci SA (DG): Market Capitalisation US$34.1b
2. Abertis Infraestructuras SA (ABE): Market Capitalisation US$16.7b
3. MAp Airports (MAP): Mkt Cap $6.2b
4. TransCanada(TRP): Market Capitalisation US$60.4b
5. National Grid PLC (NG/ LN): Market Capitalisation US$34.2b
6. SES: …
Oil Price Impacts On Aviation
June 09 2011By Ben May, RARE Infrastructure
A high oil price can negatively impact the aviation industry by slowing economic growth, elevating cost bases of industry participants, increasing real airfares and reducing passenger demand. As observed by RARE Infrastructure, the effect on airlines and airports differ …
The Next Privatisation Wave
June 07 2011By David Maywald and Rod Chisholm
Negotiations between Greece, other Eurozone countries and the IMF have brought privatisations back into the spotlight, as a means of easing government finances. At the time of the announcement of the Greek rescue package in May 2010, RARE Infrastructure …
Tax carrot hits risk stick
May 30 2011By Alison Bevege, Financial Standard.
The Federal Government’s Budget efforts to coax superannuation funds into infrastructure may hit resistance as investment managers baulk at risking vast sums of pension money in greenfields projects with doubtful returns.
In the May Budget, Treasurer Wayne Swan announced …
The outlook for infrastructure
May 27 2011By Nick Langley and Richard Elmslie, RARE Infrastructure, Published by Morningstar.
Nick Langley and Richard Elmslie are senior portfolio managers and founders of investment firm RARE Infrastructure.
Infrastructure as an asset class offers investors the prospect of attractive returns, at …
Listed Infrastructure has matured in Australia
May 17 2011By David Maywald, RARE Infrastructure
RARE Infrastructure notes the impending Extraordinary General Meeting, where Spark Infrastructure proposes to internalise their management on 20 May 2011. This will further align the interests of Spark with security holders, and remove risks surrounding …
UK Inflation Surprises Again – UK Utilities are Beneficiaries
May 16 2011By Rod Chisholm, RARE Infrastructure
This week, the Bank of England released its updated inflation outlook report for the UK economy. The result was yet another upward revision to expected 2011 inflation, now expected to reach 5%, well above the Bank’s own 2% target.
In 2009 …
Market & Portfolio Commentary – April 2011
May 10 2011Global Infrastructure fund, Richard Elmslie, Nick Langley, RARE Infrastructure,
Two managers top Morningstar sector review Best of seven infrastructure strategies
May 06 2011Article By Vishal Teckchandani, Investor Daily
Strategies offered by Vanguard and RARE Infrastructure have been awarded recommended status following Morningstar’s review of global listed infrastructure funds.
Morningstar Australia has nominated two funds with a recommended rating following its review of the global listed infrastructure sector.
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