aiib

As the bank eyes a record fundraising year, acting CFO Domenico Nardelli talks infrastructure, bonds, hard to price risks, and market opportunities.

The funds will be mobilised to support initiatives such as the Asean Power Grid, in collaboration with four Malaysian banks.

Bauhinia 3 has a portfolio of 33 project and infrastructure loans across 28 projects, 12 countries and nine sub-sectors, with a value of $450.5m. HKMC issued Class D notes at non-investment grade -- a first in Asia.

After over six years with the infrastructure investment bank, Cross will take up a senior leadership role at another institution outside of Asia.

Andrew Cross, CFO at the Beijing-based infrastructure bank, shared his views on private capital mobilisation, high interest rates, sustainabilty bonds, and the attraction of Hong Kong as a fundraising destination; the AIIB is looking to deploy $75bn by 2030.

Continued infrastructure investment from multilaterals, especially that linked to the training of women, is helping Tajikistan develop a future for tourism, but international investors remain wary to say the least.

Institutions such as the Asian Infrastructure Investment Bank – and recent studies – are showing why and how investors should analyse the ESG performance of bonds and issuers.

Hong Kong is gearing up to sell its inaugural green bonds which could be the largest issuance of sovereign green paper in the world.

At a conference, senior executives of the Asian Infrastructure Investment Bank said they were keen to work more with pension funds and sovereign wealth funds.