Fund manager vows to invest $25b in major infrastructure over next decade

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One of the nation's biggest fund managers will pledge to sink $25 billion into major infrastructure projects over the coming decade in a bid to lift returns while forecasting the creation of 50,000 jobs | CroweDM

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The remark sparked a debate about whether companies were bullish enough on their investment plans at a time when the government was worried about an economic slowdown.

Labor and Liberal governments have turned to the super industry over the past decade to encourage more investment in Australian companies, sometimes expressing frustration that the funds were not buying big local assets.in a lightning deal after the federal government blocked a Chinese consortium on national interest grounds.

"The super sector could do more to explain what it is doing in terms of returns and the impact on the economy," he said. "There is an opportunity for us to talk about what we call the pension-public partnerships.

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GaryMahon_qta CroweDM Brilliant.......more of OUR Super funds should be following suit..

CroweDM BrettHimbury IFM_Investors Invest in new airports as part of a low carbon economy? As flights pass through bushfire smoke?

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