Financial Standard Comments - Adviser appetite for infrastructure investments increasing The attractive risk/return profile and high level of income on offer from infrastructure investments mean the asset class is well suited to retail investors, according to Goldman Sachs Asset Management head of Australian infrastructure Geoff Frankish. https://www.financialstandard.com.au/feed/latest?story=41469081 Fri, 04 Jul 2014 14:00:16 +1000 Fri, 04 Jul 2014 14:00:16 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Mr B (Sceptical of Investment Bankers Selling Anything)

ummm.....actually advisers have been well versed in infrastructure investments for at least 10 years now. They are not a new asset class any more than mining stocks are a new asset class.....or biotech stocks.

It's just that advisers are very sceptical about investment bankers on multi-million dollar salaries coming to them and doing presentations about some new investment model they have just invented that is 'better than ever'.

Who can forget the Macquarie satellite model.....the bank buys the asset, holds it on balance sheet for 12 months, then revalues it upwards 50% and flicks it to poor mum and dad investors for a hugely inflated listing price.

As for Infra being low-risk? Try telling that to the original investors in the Lane Cove Tunnel and the Sydney Cross City Tunnel.....

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]]> Mr B (Sceptical of Investment Bankers Selling Anything) Fri, 04 Jul 2014 14:00:16 +1000