In an article published in Financial Investigator on 28 May, 2024, Frédéric Blanc-Brude, Abhishek Gupta and Tim Whittaker, Director, Associate Director and Research Director at EDHEC Infrastructure & Private Assets Research Institute respectively, presented their recent research, entitled “Low Tide: What the Data Showed about Thames Water“, examining what investors in Thames Water and its holding company Kemble Water would have learned about the level of risk of their investment and its likely market value had they compared its characteristics to market and peer group data. Indeed, a straightforward comparative analysis reveals the emergence of a high-risk, low-return profile that should have raised numerous red flags and prompted long-term investors seeking a ‘boring’ investment to reconsider.

Read the full article here.