In the Institutional Money Management supplement, we present the results of EDHEC Infra & Private Assets Research Institute’s most recent research.

We explore the practical challenges of using the EU Taxonomy for Sustainable Activities to assess the sustainability of the infrastructure asset class; we develop Social Risk Sector Ratings and conduct a case study to examine how social acceptance affects social risk levels for water companies in the UK; we explore the financial risks posed by climate change to infrastructure investments; we present the findings of a survey of the international investment community on physical climate risks; we reveal how investors in Thames Water could have learned about the entity’s risk and likely market value much earlier had they compared its characteristics to market and peer group data; and we look at the challenging goal of achieving diversification in unlisted infrastructure investments, given their pronounced illiquidity.