Infrastructure is usually seen as a safe bet by the patient capital of state-owned investors, and a bolt hole at times of uncertainty and economic volatility.Yet, Canada’s US$96 billion Ontario Municipal Employees Retirement System (OMERS) has had its fingers burned with a loss on its investment in the Czech Republic’s...
Infrastructure is usually seen as a safe bet by the patient capital of state-owned investors, and a bolt hole at times of uncertainty and economic volatility.Yet, Canada’s US$96 billion Ontario Municipal Employees Retirement System (OMERS) has had its fingers burned with a loss on its investment in the Czech Republic’s...