More than 150 people gathered at the offices of Fitch Ratings in London’s Canary Wharf this week for a half-day conference on insurance companies investing in infrastructure. Such enthusiasm for the asset class is in ready supply among insurers. But finding investment opportunities to match is proving difficult. Several experts say firms are likely to be disappointed in their ambition to increase activity in the area.
In December 2013, six UK insurance companies pledged to invest £25 billion in
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