Loading Events
  • This event has passed.
National Pension Hub Webinar

Demographic Factors Affecting Infrastructure Investment

February 16 @ 1:00 pm - 2:00 pm


Infrastructure is an important asset class in any balanced portfolio. It provides many attractive features including inflation-adjusted cash flows and diversification. The infrastructure itself also provides benefits to the communities it services. The amount of value created will have a dependence on the demographics of the area it serves.

Join us for this GRI Pension Hub webinar where we will explore the latest research on demographic factors such as an aging population on infrastructure asset valuation and risk return. It will be followed by a panel discussion on the current state of this asset class following two years of the pandemic.


Download and read the full report that will be discussed >>> The Connection Between Population Structure and Returns on Infrastructure Investments - Global Risk Institute : Global Risk Institute


Stephen Bonnar
Post-Doctoral Fellow, University of Waterloo

BIO Steve Bonnar was a Principal at Towers Perrin (currently Willis Towers Watson) where he worked for 30 years, having retired in 2010. At Towers Perrin, he was responsible for thought leadership on pension issues with a particular focus on the investment and financing of pension plans. While at Towers Perrin, he co-authored the White Paper, “Renovate to Rejuvenate: Canadians Need a 21st Century Pension Plan”. Mr. Bonnar is an actuary having active involvement with the Canadian Institute of Actuaries, having chaired two Task Forces and being involved in the University Accreditation Program. He graduated from the University of Waterloo in 1978 with a B. Math (double honours in Statistics and Actuarial Science). He became a Fellow of both the Canadian Institute of Actuaries and the Society of Actuaries in 1980. He received his CFA designation in 1997. Since retiring he has completed his MA (Economic Policy) and PhD (Economics) at McMaster University. From 2016 to 2019, Mr. Bonnar was a post-doctoral researcher at the University of Waterloo.

Aleksandar Andonov
Associate Professor of Finance, Amsterdam Business School, University of Amsterdam

BIO Aleksandar Andonov is an Associate Professor of Finance at the Amsterdam Business School, University of Amsterdam. His research focuses on empirical studies of institutional investors and asset management industry. His work covers topics including pension fund performance and governance, asset allocation and regulation, delegation and intermediation in asset management. 


Michael McGowan
Principal, Mercer Alternatives (Infrastructure Investing)

BIO Michael McGowan is the Principal at Mercer Alternatives (Infrastructure Investing). He is focused on providing research coverage on North American infrastructure managers and the infrastructure industry. Other services include delivering advice and consulting services to clients on investing in infrastructure, including portfolio construction, portfolio management, fund manager selection and direct investing. 


Jaideep Oberoi
Senior Lecturer (Associate Professor) in Finance and a Senior Fellow of the Centre for Global Finance at SOAS, University of London

BIO Jaideep Oberoi is a Senior Lecturer (Associate Professor) in Finance and a Senior Fellow of the Centre for Global Finance at SOAS, University of London. His research interests are in the field of risk management. His work includes topics in corporate risk management, market microstructure risk estimation, and modelling of long-term risks for pensions. His research also covers other sources of risk (such as demographic change, weather and governance), as well as asset return modelling in general.  










GRI uses WebEx Events for its online programs. For an optimal viewing and audio experience, please use one of the following browsers Chrome or Firefox.

This is a GRI Member exclusive event. If you are currently employed by one of the following organizations listed here please use your organization email address to register.

If you are registering from a different organization or email, your registration is subject to being cancelled by GRI staff leading up to the event.

Interested in becoming a member? Please email us at info@globalriskinstitute.org


February 16
1:00 pm - 2:00 pm
Event Category:




Global Risk Institute