Australian toll roads: An opportunity for Canadian pension funds?
In this paper Deloitte explores the growing interest of Canadian pension/superannuation funds in Australian infrastructure assets that provides geographic and sector diversification.
Deloitte considers the factors that contribute to Canada's proactive approach to investment in the infrastructure sector and notes investment in Australian toll roads matches assets and liabilities and provides Canadian pension funds with stable cash flows over an extended period of time.
The paper includes:
- Analysis of the asset class
- Comparison of key financial ratios globally
- Case studies/deal evaluation