OECD Working Papers on Finance, Insurance and Private Pensions

ISSN :
2079-7117 (online)
DOI :
10.1787/20797117
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Selected studies on finance, insurance and private pensions policy prepared for dissemination in order to stimulate wider discussion and further analysis and obtain feedback from interested audiences. The studies provide timely analysis and background on industry developments, structural issues, and public policy in the financial sector. Topics include risk management, governance, investments, benefit protection, and financial education. Previous papers addressing these policy issues are available via http://dx.doi.org/10.1787/19936397.
 

Pension Funds Investment in Infrastructure

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Authors:
Raffaele Della Croce1
Author Affiliations
  • 1: OECD, France

Publication Date
01 Sep 2011
Bibliographic information
No.:
13
Pages
45
DOI
10.1787/5kg272f9bnmx-en

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Pension funds are increasingly looking at infrastructure investment with some investors actively pursuing opportunities in the sector. Different countries are at different stages in the evolution of pension fund investment in infrastructure.

A survey of a sample of the most significant actors was launched by the OECD in May 2010 within the framework of the OECD Project on Transcontinental Infrastructure 2030-20501. Based on the survey a series of barriers to investment were indentified. This paper draws largely on the results of the survey...

Keywords:
listed securities, private finance, barriers, pensions, asset allocation, returns, alternative assets, infrastructure, regulatory constraints, risk, diversification
JEL Classification:
  • G15: Financial Economics / General Financial Markets / International Financial Markets
  • G18: Financial Economics / General Financial Markets / Government Policy and Regulation
  • G23: Financial Economics / Financial Institutions and Services / Non-bank Financial Institutions; Financial Instruments; Institutional Investors
  • G28: Financial Economics / Financial Institutions and Services / Government Policy and Regulation
  • J26: Labor and Demographic Economics / Demand and Supply of Labor / Retirement; Retirement Policies