Welcome to our new Italian colleague Paolo Ubaldini! Paolo started his career in 1994 joining BNL-BNP, where he became Head of a Private Banking Unit in Lombardy. From 2001 to 2003 he was in charge of institutional business development at Arca SGR. In 2004 he joined Abaxbank (Credem) as Head of Institutional Sales. From 2010 … Continued

Please read MBA’s Global Infra PM Steven Kempler’s reflections after 2 weeks in Europe visiting companies & clients. (And now we know what a Solari board is!) Link:  Infrastructure insights from the road in Europe & the UK – March 2023 | LinkedIn

From TT ‘We are extremely proud that our Environmental Solutions strategy has won the Best ESG Investment Fund: Thematic category at the 2023 ESG Investing Awards for the second year running. As the strategy approaches its 3-year anniversary, we are delighted to receive such prestigious recognition. Now in their fourth year, the ESG Investing Awards … Continued

‘We believe investing in infrastructure can provide meaningful benefits to investors. Over the past decade, several structural (higher leverage) and transient factors (rising asset prices and a widening valuation gap) have benefited the performance of unlisted infrastructure relative to listed. It is unlikely these tailwinds will persist indefinitely. In fact, at some point they will … Continued

‘Bond market technicals have done a complete about face since the beginning of 2023. With only a modest improvement in the macro-economic data, two key “gut-check” questions are, 1) what has really changed, and 2) are the changes here to stay?’ Link: https://www.incomeresearch.com/what-has-really-changed/

Maple-Brown Abbott partners with Hyde Park Investment to distribute its UCITS funds in Europe – ‘Australian asset manager Maple-Brown Abbott has announced a partnership with Hyde Park Investment (HPI) to distribute its UCITS funds in several European countries, including the UK, Sweden, Spain, Italy, Switzerland, Germany and France.’ link: Maple-Brown Abbott partners with Hyde Park … Continued

PM Steven Kempler of MBA Global Listed Infrastructure Fund interviews the CEO of Vopak in GLIO’s latest issue. Link: MBA Interview Vopak CEO in GLIO

‘While tremendous political, economic, and market uncertainty remains, here are ten reasons investors can take comfort in the bond market to start 2023’: Game of Knowns: The Bond Market in 1H-2023 – Income Research + Management

Link: https://www.incomeresearch.com/wp-content/uploads/2022/12/IRM-Infographic-Carrying-Us-Into-2023.pdf ‘Higher yields should help total returns in 2023. Fixed income investors benefit from higher reinvestment rates, especially those investors with longer time horizons. Coupon income typically more than offsets negative price return, and with rates now much higher, this carry should help protect investors from further downside risks.’