News

Foresight launches first fund of Climate Bonds Initiative certified loans

The Fund will provide private debt to small-scale renewable energy infrastructure projects located in Australia.  The Fund is the first to pool capital into a series of CBI certified loans and gives Australian wholesale investors unique access to an asset class that has typically been available exclusively to institutional investors.

Search for green income prompts launch of renewable fund

Sydney, 10 September 2019: Global infrastructure and private equity investment manager Foresight Group LLP (“Foresight”) has launched a unique investment fund, Foresight Renewable Energy Income Fund (“FREIF” or “Fund”), to provide Australian wholesale investors access to Climate Bonds Initiative (“CBI”) certified green debt.

Foresight appoints Kim Nguyen as head of Australian operations

The Fund will provide private debt to small-scale renewable energy infrastructure projects located in Australia.  The Fund is the first to pool capital into a series of CBI certified loans and gives Australian wholesale investors unique access to an asset class that has typically been available exclusively to institutional investors.

New study predicts shift towards global infrastructure as advisers fear the threat of sustained downturn

Advisers indicated that global equities are causing them the most concern within their portfolios whilst UK equities were also deemed to be a cause for worry1. In recent months there has been a decrease in the use of some traditional alternatives to equities such as bonds, gilts and absolute return funds1. Whilst these asset classes are reportedly being used more infrequently, infrastructure and property are the only non-traditional assets increasingly being used for their defensive qualities; low correlation to equity markets and low volatility.

Foresight Group acquires mandate for John Laing Environmental Assets Group

The Fund will further strengthen Foresight’s position as a leading renewables energy infrastructure asset manager, boosting the group’s total assets under management by 26% and supporting its already strong ESG and sustainability credentials, which not only apply to its growing renewables portfolio but also to the Group’s successful and expanding regional private equity strategy.

Advisers indicate increased exposure to infrastructure and alternatives as biggest change to client portfolios over past year

Mark Smith, Partner at Andrews Gwynne LLP, commented: “We have invested in infrastructure for over 10 years, but over the past 3 years we have gradually moved our clients’ portfolios towards more exposure due to its relatively stable return profile. In a world where we are concerned over valuations of traditional asset classes, the income is also attractive for many of our clients.

Foresight wins Fund Manager of the Year at PLC Awards 2018

The strong performance of FIIF reinforces the case for investing in UK listed infrastructure and renewables, which provides access to long-term, inflation-linked and government backed cash flows. The diversified exposure to high quality infrastructure and renewable assets enables the fund to deliver predictable income with low volatility, uncorrelated to traditional asset classes.