Читать книгу Farming as Financial Asset - Stefan Ouma - Страница 9

Illustrations

FIGURES

1.1The agri-investment chain and its share- and stakeholders

3.1Comparison between the architecture of a contemporary dairy fund (A) and the New Zealand and Australian Land Company (B, New Zealand Branch only)

3.2Annual net acquisitions of let agricultural land, 1965–1984: sample of c.40 financial institutions

4.1Comparison of two leading sources of agri-finance market intelligence

4.2The many entry points for finance in global food and agriculture asset classes

4.3Evolution of investment funds specialized in food and agricultural assets, 2005–2018

4.4Development of the Global Farmland Index, 2002–2015

4.5The geography of agri-investment-focused pension funds

4.6Actors along the agri-investment chain

4.7Investment funds specialized in food and agriculture by main region

4.8Agri-focused investment funds by target region and strategy

5.1Data snapshot, agricultural investments New Zealand, 2001–2017

5.2Dairy farm land valuation in time

6.1Risk–return profile of Illinois farmland compared to other asset classes, 1970–2013

7.1Inside the investment calculus

7.2A comparison between two investment chains touching down in Aotearoa New Zealand (Case 7) and Tanzania (Case 2)

7.3The deal cycle

8.1Changes in land use per region in Aotearoa New Zealand, 2008–2012

9.1How to get into the doughnut, and the forms of finance that may help

PHOTOGRAPHS

3.1Imperial landscape in Queensland

6.1NGO campaign for pension funds’ divestment from farmland and agriculture

7.1From “Third World solidarity” to private equity: a large-scale grain farm in Central Tanzania

7.2Aggregated assets: (left panel: a new mega dairy farm in Aotearoa New Zealand, monitored via helicopter; right panel: a vertically integrated poultry-feed-complex in Tanzania)

TABLES

3.1Examples of territory occupied and main land use, 1650–1917

4.1Largest closed funds in the market, 2018

6.1Example of an ESG framing in an Africa-focused asset manager’s annual report

7.1Different types of agricultural investment structures

7.2How leveraging works

8.1Labour impact of investment chains sampled