Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

John Laing targets 6% yield from environmental infrastructure trust

John Laing targets 6% yield from environmental infrastructure trust

John Laing is looking to raise at least £160 million for an investment trust that will focus on environmental infrastructure projects.

The firm is targeting an initial dividend yield of 6%, which will rise with inflation, and a net internal rate of return of 7.5-8.5%.

The trust will invest across the environmental infrastructure spectrum in the UK, including solar, wind, and waste-processing facilities. The initial assets in the portfolio will all be already operational.

The management team will be led by David Hardy and Chris Tanner from John Laing Capital Management, who together have more than 30 years’ experience in infrastructure and renewable projects.

‘An increasing focus on sustainability and making use of natural and waste resources, coupled with strong legislative support to encourage private investments in environmental infrastructure projects, form a favourable backdrop to the launch of this diversified and well-balanced fund,’ commented Tanner.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Volatility spike: How ETFs can soften the blow

Volatility spike: How ETFs can soften the blow

ETFGI’s Deborah Fuhr discusses the role of ETFs in client portfolios during volatile market conditions

Play Winter market warmers, the post QE world and timing the Fed

Winter market warmers, the post QE world and timing the Fed

This week’s episode of Investment Pulse looks at the winding down of quantitative easing, whether to try and time a US Federal Reserve rate rise and if strong seasonal performers can reverse recent market slumps

Play JPM’s Negyal: Back divis to temper EM volatility

JPM’s Negyal: Back divis to temper EM volatility

Omar Negyal, co-manager of the JPMorgan Global Emerging Markets Income trust, says a dividend approach to emerging markets reduces the volatility of investing in the asset class.

Wealth Manager on Twitter