Macroeconomic Advisory Committee
Maple-Brown Abbott Global Listed Infrastructure maintains a proprietary Global Macroeconomic Advisory Committee which includes two external appointees.
The Committee is charged with providing guidance to our investment process in two important ways. Firstly, to help better ensure that any macroeconomic variables used as inputs into our valuation models are as timely, consistent and accurate as possible, and secondly to give specific macroeconomic opinions to thus better help protect the portfolio from unintended country, currency or macroeconomic risks.
We believe that understanding the economic outlook and risks for different regions is of critical importance to properly evaluating the investment merits of individual stocks and the concentration risks across listed infrastructure, and thus, when considering the global nature of our portfolios, adequately considering macroeconomic analysis is a key risk mitigation tool.
Further details on the external appointees are presented below:
Gerard has been analysing, forecasting and advising on financial markets since 1987. He looks at asset classes across the major regions, focusing on the fundamental factors that usually drive investment performance. He was previously the Global Cross-Asset Strategist at Morgan Stanley.
Gerard in 2013 launched Minack Advisors, a private consultancy offering fundamentally-based research for institutional investors.
Capital Economics, Head Global Economist
Jennifer McKeown is Head of the Global Economics Service at Capital Economics. She leads a team of economists focusing on global themes and oversees the research published within the Global Economics Service. She also works closely with the Chief Economists of our various regional services to shape the global view and to draw out the key implications of our forecasts.
Previously, Jennifer held responsibility for our Europe and Nordic and Swiss Services. She has 18 years’ experience as a professional economist, having joined us after five years at the Bank of England. She has degrees in economics from University College London and the University of East.