Maple-Brown Abbott

Strong performance in the Future Fund’s hedge fund portfolio helped with some of the heavy lifting on its return this year, while it continues to eye “higher and more volatile inflation” and the opportunities to generate excess returns in Japan.

Just like the Future Fund, the recipient of its first active equity mandate since 2017 thinks markets are going to look pretty different over the next decade. And asset management businesses themselves are going to have to do things differently to keep up.

Value managers are hopeful that, following the second consecutive quarter of the factor’s outperformance, their world has returned to normal. Value may well be back. For the March quarter, for Australian shares, the S&P/ASX 200 value factor index was up 8.50 per cent, making a 12-month return of 42.71 per cent. The S&P/ASX 200 growth…

Maple-Brown Abbott’s affiliated listed infrastructure management firm is turning off gas and switching more to electric as the world adjusts to a low-carbon energy future. In a paper published last month (January 25), the Sydney-based Global Listed Infrastructure says its analysis suggests electric utilities will be the major beneficiaries of global climate change energy policies…