Edition 6 - Asset showcase

Investing for life

Story by

AMP Capital

March 2020

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Education is one of the single-most transformative experiences in life. For nations worldwide, it is a staple of life, and there is an ever-present social need for supportive infrastructure and facilities. Investors can play a transformative role in this equation, including through the provision of Public Private Partnerships (PPP), which is an arrangement between a unit of government and a business in the private sector.

On behalf of its investors, and in partnership with the South Australian government, AMP Capital announced the successful refinance of the South Australian Schools Project’s AUD $172 million debt facility last year. The South Australia Schools portfolio includes six newly constructed ‘super schools’ in Adelaide, providing education to over 4,600 students across primary, middle, secondary, special education and childcare. All schools have been completed and are operating.

Education is widely accepted to be a fundamental resource, both for individuals and societies. Indeed, in most countries, basic education is nowadays perceived not only as a right, but also as a duty – governments are typically expected to ensure access to basic education, while citizens are often required by law to attain education up to a certain basic level."

- The University of Oxford

“A growing body of empirical research suggests that better education yields higher individual income and contributes towards the construction of social capital and long-term economic growth.”

The University of Oxford

Important Notes: While every care has been taken in the preparation of these articles, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) makes no representation or warranty as to the accuracy or completeness of any statement in them including, without limitation, any forecasts. Past performance is not a reliable indicator of future performance. Performance goals are merely goals. There is no guarantee that the strategy will achieve that level of performance. The information in this document contains statements that are the author’s beliefs and/or opinions. Any beliefs and/or opinions shared are as at the date shown and are subject to change without notice. These articles have been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. They should not be construed as investment advice or investment recommendations. An investor should, before making any investment decisions, consider the appropriateness of the information in this document, and seek professional advice, having regard to the investor’s objectives, financial situation and needs. This document is solely for the use of the party to whom it is provided and must not be provided to any other person or entity without the express written consent of AMP Capital.

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Economic insights

BENEATH THE LONG WHITE CLOUD

Simon Anderson

Investing for life

“A growing body of empirical research suggests that better education yields higher individual income and contributes towards the construction of social capital and long-term economic growth.”

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