Trade Finance remains attractive in today’s ‘even lower for even longer’ climate due to its short-dated, asset-backed, yield-generating profile.

While the infrastructure sector has been robust during previous crises, the COVID-19 pandemic is creating a global economic scenario quite unlike any that has preceded it. 

The second quarter brought a spike of investor interest in REITs – quicker to crash than private real estate, due to the inevitable lag in illiquid asset write-downs, but with a history of strong

On April 22nd, more than 300 investors around the globe joined the bfinance research team (virtually) for a session dissecting manager performance through the crisis so far.

The past decade has seen dramatic growth in the listed infrastructure sector, as well as the emergence of hybrid strategies that combine listed infrastructure with REITs. This paper draws on the

The latest edition in bfinance’s biennial Investment Management Fees series. New analysis highlights areas where investors may be able to benefit from pricing trends, with ESG/Impact at the

Today, investors in many illiquid asset classes are seeking subsectors and asset managers that can defy the overall yield compression of the last five years.

Infrastructure, as an asset class, is now grappling with something of an identity crisis. Does it offer the same promise that underpinned demand a decade ago?

With a wave of pension and insurance investors entering real estate debt or infrastructure debt for the first time, three “DNA of a Manager Search” case studies provide practical insights into an

The quest for diversification plus returns is not an easy one in today’s investment climate: many strategies that provide low correlation with equities are falling short on performance. The

Inspired by risk parity strategies and illiquid-focused endowments, Australia’s second largest superannuation fund is pioneering a radically different approach.

Noting a rise in client demand for REITs, we explore some of the recent developments in this sector and highlight key implementation considerations.

Once a small niche of the infrastructure asset class, renewable energy investing has exploded in size and maturity with a universe of over 50 managers offering strategies dedicated to the

For institutional investors thinking about LISTED INFRASTRUCTURE, particularly in light of the still-heated “#FakeInfra” debate, three questions are high on the agenda.

Secondaries are changing. As investor capital has flooded towards illiquid asset classes, one outcome has been a transformation in the secondary markets. Before, secondaries were predominantly a

The latest edition in bfinance’s biennial Investment Management Fees series. New analysis highlights areas where investors may be able to benefit from pricing trends, with ESG/Impact at the

While the post-GFC phase was marked by diversification towards real assets, recent years have seen greater emphasis on diversification within real assets. How beneficial is this type of

Timberland is a relatively established, albeit small, asset class. In the past three years, however, a distinctive new group of agriculture funds have come onto the scene, encouraged by investor

The financial crisis ushered in a new era of unlisted infrastructure investment. Three trends - high appetite for illiquid investments, the desire to reduce equity risk exposure after the lessons