Australia’s Future Group and UK asset manager Aberdeen Investments are partnering to invest in global infrastructure opportunities.
The Australian superannuation fund will, in addition, allocate capital to Aberdeen’s Global Sustainable Infrastructure strategy, which focuses on greenfield concession and public-private partnership style investments, and invests in Australia, New Zealand, the Americas, and Europe.
Future Group and Aberdeen Investments announced the partnership in a joint statement on June 25.
According to David Allen, Future Group’s deputy chief investment officer for private markets, “creating a sustainable and equitable world is central to our mission of building a future worth retiring into”, and Aberdeen’s “deep expertise and strong track record in real assets and concession infrastructure align closely with our investment philosophy and sustainability objectives”.
Sameer Amin, managing partner of concession infrastructure at Aberdeen, says the firm has invested in around 140 concession infrastructure projects globally over the past 25 years.
“For institutional investors seeking long-dated, inflation-linked cashflows, exposure to essential public assets and diversification away from traditional markets, concession infrastructure presents a compelling opportunity,” he says.
Future Group manages A$13 billion (US$8.5 billion) of assets for over 400,000 members. The super fund’s selling point is that it mainly puts money into ethical investments.
Aberdeen Investments had £383 billion ($520 billion) of assets under management as of end-March.
