Institutional investors are being put off infrastructure investment because of the high fees being charged by managers, despite the asset class appealing to them as a way of diversifying their portfolios, according to one of the largest investment consultants. Join discussion...

Spain's Abertis (ABE.MC) has approved a top management restructuring after its chief executive recently took over the chairman's job, the infrastructure group said in a statement on Tuesday.[nLB295151] Former managing director at Criteria CaixaCorp (CRIT.MC) Francisco Reynes has been appointed managing director for corporate affairs, while that division's former head Josep Martinez Vila has been named managing director for business and operations. Join discussion...