American pension funds are signing up in growing numbers with Australia’s biggest infrastructure investor, as global demand grows for alternative places to park billions in retiree savings. Over the past year, Industry Funds Management has seen a surge in investor commitments of up to $US850 million ($810 million) from US funds, which now make up more than a third of its overseas clients. With most of the US clients committing the funds in the past 18 months, IFM says the trend highlights growing overseas recognition of Australia’s expertise in managing infrastructure assets globally. Read More
