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Perennial to close three responsible investment funds
Perennial Partners will shutter three responsible investment funds that manage $140 million in combined assets, as they fall short of reaching scale and achieving their investment objectives.
LGT Wealth Management hires five advisers from rival
LGT Wealth Management Australia has expanded its Syndey private client advisers' team with five senior hires from UBS Wealth Management.
MSC Group awarded mandates for natural resources strategy
MSC Group will provide administration capability and trusteeship for a natural resources strategy focusing on the energy sector and select commodities.
Norges Bank slashes exposure to US government bonds
Norges Bank Investment Management (NBIM), the investment manager of Norway's sovereign wealth fund, the Government Pension Fund Global, has proposed a major restructuring of the fund's exposure on US government bonds.
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Sarah Shaw
GLOBAL PORTFOLIO MANAGER
4D INFRASTRUCTURE
4D INFRASTRUCTURE
It wasn't confidence that prompted Sarah Shaw to walk away from established investment houses and co-found 4D Infrastructure in 2015. It was something she believes is far more important: courage. By Vinny Vucago.







So the Federal Government is offering a 'Once Off' 15% for states to sell assets, surely this is ridiculous! Anything worth selling is most probably making a healthy return, maybe as much as 15% in some cases, but even a 7.50%pa return means the state has given up the Assets Income for a 'brought forward' 7.50% bonus.
This is short term thinking, kicking the can down the road attitude again?
I guess one benefit is the state does receive a once off larger lump sum to use for new projects, but simile they could just borrow the money and build a new project and pay for it with the income from other assets as any Corporate would do.
Recycling Infrastructure capital is a great strategy. As long as we realise that this is not an income but solely for capital recycling into new infrastructure.
Infrastructure is the real way to increase productivity and grow Australia.
The old 30/20 rule for Superannuation Funds should be reintroduced especially for Super Funds in pension mode priced at the Centrelink means test. This action will help to provide for future generations.
RECYCLING STRATEGY: Selling after the initial (green) stage is completed and the infrastructure is in the middle stage before or even after regular profits can be distributed.