Millions of UK pension savers supporting regional and national infrastructure

Analysis conducted by Global Infrastructure Investor Association (GIIA) has revealed the scale of ownership of infrastructure assets in the United Kingdom by pension savers.

GIIA has identified more than 8,500,000 individual UK pension pots, from 118 UK pension funds, that have a financial interest in regional and national infrastructure including airports, utilities, telecoms and renewables.

The funds have a total combined value in excess of £100bn, demonstrating the massive investment in infrastructure made by UK citizens.

CEO Andy Rose, speaking on the release of the figures, said the information shed an important light on the debate around infrastructure ownership.

“This research reveals that millions of UK pension savers are benefitting from their investment in regional and national infrastructure.”

“The data shows that much of the UK’s infrastructure is part-owned by local authority, retail, manufacturing and other pension funds whose members have invested their savings in the expectation of satisfactory returns in their later years.”

“Not only are these individual investors securing their own retirement savings, they are also helping to deliver the high quality, innovative and sustainable infrastructure the United Kingdom needs for future generations.”

 

GIIA gears up for busy week in Berlin

GIIA is pleased to be a Supporting Association for the Infrastructure Investor Global Summit taking place in Berlin from March 18th to 21st.

 GIIA will be welcoming up to 200 senior investors and guests to its Annual Reception, kindly hosted by Allianz Capital Partners. We look forward to seeing both new and familiar faces from across GIIA’s growing network over the course of the week in Berlin, and participating in two conference panels to provide a global outlook on the sector.

Already in 2019 GIIA has welcomed three new members, taking our global membership – which includes many of the world’s leading infrastructure investors and advisors – past seventy. The three new members include:

  • KKR – One of the world’s largest infrastructure asset managers with a diversified portfolio of infrastructure investments. KKR successfully raised a $7.4 bn fund in 2018.
  • Aviva Investors Global Services Ltd – part of Aviva Investors, an asset management company which has global assets under management of over £315 billion. In turn, Aviva Investors is part of the Aviva group, one of the largest insurance companies in the UK.
  • Alvarez & Marsal – a leading independent global professional services firm that provides specialist M&A transaction diligence, business performance improvement, transaction tax, fund launch and turnaround management services.

Speaking on the decision to join GIIA, Managing Director at Alvarez & Marsal, Jason Clatworthy said:

“Alvarez & Marsal are proud to join GIIA and we look forward to providing expertise by collaborating and supporting fellow members and the Board to ensure that the role of private capital in the delivery and operation of essential infrastructure around the globe is understood and valued by all relevant stakeholders.”

GIIA will also hold its Annual General Meeting in Berlin on 21st March where we will be reporting on our progress during 2018 and setting out plans for an expanded programme of activity in 2019.