M&G’s infrastructure chief Anish Majmudar confirmed the insurer’s continued focus on US assets while seeking additional secondary market deals. The conversation highlighted the firm’s strategy to diversify a growing £4bn infrastructure portfolio, aiming to balance risk across geographies.
Majmudar noted that US infrastructure projects offer mature cash flows and robust regulatory frameworks, traits that appeal to M&G’s long‑term investors. By tapping secondary markets, the company can acquire stakes in established assets without the time lag of new developments, accelerating returns.
The move signals a broader trend among UK insurers to broaden exposure beyond domestic infrastructure. M&G’s approach could prompt peers to reassess their asset mixes, especially as secondary deals become cheaper with tighter liquidity in the primary market.
Investors should watch M&G’s allocation shifts, as they may influence pricing of UK‑based infrastructure funds and alter competitive dynamics in the secondary market.
Source: Infrastructure Investor · Summarized by HeadlinesBriefing