Asset manager Keppel Capital has secured US$600m (€509m) in mandates to be managed under separate accounts from international financial institutions to invest in global infrastructure projects.
“Many investors see infrastructure as an attractive asset class that is less susceptible to major economic cycles and short-term fluctuations, and provides sustainable, stable and predictable income streams,” said Christina Tan, CEO of Keppel Capital.
“Recent volatility in global markets underscores demand for real assets with long-term utility-like contracted stable cash flows.”
Keppel Capital had “carefully put together” its separate mandate accounts’ model to capitalise on opportunities arising from the increasing trend towards infrastructure investments, she said.
To read the digital edition of the latest IPE Real Assets magazine click here.