CPPIB and Hermes Buy Stake in Associated British Ports
Posted on 03/31/2015
Large institutional investors such as sovereign funds and pensions are attracted to long-term predictable inflation-linked cash flows, with resilient cash yield. The Canada Pension Plan Investment Board (CPPIB) and Hermes Infrastructure, a unit of Hermes Investment Management, beat out sovereign wealth funds in their joint bid to invest approximately £1.6 billion to acquire a stake […]
