Practical Considerations For Listed Infrastructure

Summary

• From an investment perspective, infrastructure assets cover a range of sectors, including transportation, energy, utilities, communications and social infrastructure.
• Infrastructure assets have shown the ability to generate a steady income stream, which had been a valuable feature in an environment dominated by low interest rates.
• In addition to higher dividend yields, listed infrastructure investments have historically offered a higher risk-adjusted return and a more resilient income profile during downturns.
• In this paper, we seek to substantiate these infrastructure investment theses in practice.

By Sergiy Lesyk

Introduction

Infrastructure is an investment category which is frequently perceived by investors as a diversifying asset from other asset classes. It has been known to provide a hedge to long-term liabilities by offering exposure to stable returns and