| BlackRock is to launch its first foray into the global infrastructure debt market. Investors say the entry into the market by BlackRock, the giant fund manager with $3.67tn under management, will encourage other asset managers, pension funds and even sovereign wealth funds to invest in infrastructure.
The Kuwait Investment Authority, the world’s oldest sovereign wealth fund and one of the biggest globally, has signalled that it will invest in this market. But it wants to see big groups, such as BlackRock, and pension funds launch operations first...............................................Full Article: Source |