Ning Loh and Ralph Ng of the Project and Infrastructure Finance team discuss how infrastructure real estate investment trusts (REITs), a new financing model in China, have the potential to develop into a large investment market over the next decade. The new capital generated from REITs will support infrastructure expansion to boost China’s economic growth and provide deleveraging opportunities for infrastructure companies.
Michael Osborn, Heather Correia and Matthew Cahill of the US Public Finance team discuss the increasing cyber threats facing universities, state and local governments, hospitals and transit systems. Also, Pisei Chea weighs in on what recent US Census results signal about states’ economic fortunes, while Frank Mamo comments on municipalities’ prospects as they emerge from the coronavirus pandemic.
Alberto Postigo and Alka Anbarasu discuss the threat of climate change to banks’ asset quality. Plus, Megan Fox and Steve Tu talk about the effects on banks and asset managers of the Biden administration’s new executive order on climate-related financial risk, and Sid Ghosh tells us whether businesses around the world can get insurance coverage for disrupted operations during the pandemic.