Sector Investment 24 Hours

Last updated: April 7, 2026, 2:30 AM ET

Infrastructure Finance & Strategy

Investment managers are recalibrating mandates as Ninety One actively seeks to scale its Emerging Markets Transition Debt strategy toward a $5 billion target, while also eyeing a $1 billion launch for a new global emerging market infrastructure debt fund reflecting investor appetite for higher-yielding opportunities outside developed markets. This contrasts sharply with the fragmented European telecom sector, where some established fibre markets are flourishing under sound regulation, while others face necessary consolidation—a "cleansing"—due to overbuild and unsustainable leverage plaguing certain national rollouts.