Infrastructure has become a crucial building block in many investors’ portfolios, and Storebrand is no exception. Globally, the asset class has grown by 18% annually since 2010, yet the need for new infrastructure investments remains substantial.
Larry Fink, CEO of Blackrock, the world’s largest asset manager, has described this movement as an “infrastructure revolution,” according to The Economist. Earlier this year, Blackrock acquired Global Infrastructure Partners (GIP), the third-largest manager of infrastructure worldwide, for USD 12.5 billion.
Recently, the Australian infrastructure fund manager Macquarie announced it had raised EUR 8 billion for its European fund, the largest ever aimed at investments in European infrastructure.
The financial characteristics of infrastructure have, of course, been critical in attracting investors. Additionally, the opportunity to contribute to energy transition and energy security is important for many investors.
