Tag Archives: Macquarie
Thames Water shareholders write down to zero, how did it come to this?
This week, we heard that Pension Fund OMERS, which owns 31% of Thames Water has written the value of this holding to £ zero. We expect other shareholders including the UK’s USS pension scheme which owns c 20% – to … Continue reading
How patient is patient capital?
We’re told pension funds have long investment horizons so you’d expect those that invest in infrastructure to buy and hold investments to provide income for current and future generations of pensioners. This is what is called “patient capital” and it’s … Continue reading