SOUTH African asset managers are turning to infrastructure investments as pension funds at last develop an appetite for funding public infrastructure.
Funding infrastructure through pension money has been a long-held wish of the government, which has periodically threatened legislating for investment in prescribed asset classes unless funds do so voluntarily.
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It is also generally acknowledged that the government will be unable to fund its ambitious infrastructure programme out of debt alone.
Curated from intldevelopment.einnews.com