New York | US politicians and unions are stuck in the past when it comes to incorporating private sector capital into American infrastructure assets, the chief executive of Australia’s $136 billion IFM Investors says.
David Neal, a former chief executive of the Future Fund – Australia’s sovereign wealth fund – said asset valuations were being watched carefully because of higher interest rates, and that buying opportunities were also being created, especially in the digital and energy sectors.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
