Japan pensions back AMP infrastructure vehicle
Australia's AMP Capital expects to hit the $1.5 billion target for its Global Infrastructure Fund by mid-year with the help of flows from Asian institutions, including Japanese pension funds.
A consortium of Japanese corporate pension funds are among a new batch of investors in AMP Capital’s Global Infrastructure Fund. The strategy attracted $400 million in total for its second and third closes and expects to hit its $1.5 billion hard target by mid-2016.
Anthony Fasso, chief executive for AMP Capital's international business, told AsianInvestor: “There is strong demand from Asia pension funds and insurers, but also from western Europe, the Nordic countries and North Am…
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