Thematics that we favor going forward over the medium to longer term include renewables, sustainably driven utilities and tower companies with very strong underlying businesses.
RARE Co-Founder Nick Langley on why listed infrastructure may be uniquely suited to current market conditions.
Is listed infrastructure insulated from the end of a market cycle, and if so, to what degree? RARE’s co-chief investment officer, Nick Langley, explains the market drivers for these stocks.
The structure of pipeline companies should help differentiate investments as lower oil prices are likely to prevail for some time.
Global listed infrastructure
Global infrastructure stocks may help investors meet their income objectives in a yield-starved world.
Chart of the Week
Chart courtesy of Clarion Partners. Source: NCREIF, Clarion Partners Investment Research, Q1 2020. Note: The total returns are calculated from all ODCE assets within the NCREIF database and are unlevered. Past performance is no guarantee of future results. Indexes are unmanaged, and not available for direct investment. Index returns do not include fees or sales charges. This information is provided for illustrative purposes only and does not reflect the performance of an actual investment.
Chart of the week
The collapse in oil prices has added to market dislocations and uncertainty associated with the coronavirus pandemic.
Global Listed Infrastructure
Utility companies with resilient earnings and cash flow offer investors the potential for greater stability until fundamentals emerge once again as the key driver of stock prices.
2020 Market Outlook
Infrastructure could be at the centre of new government efforts to stimulate their economies though spending on local labour and materials.
For Australian investors, a larger global allocation vastly increases the flexibility available to potentially generate income and total return.
Global listed infrastructure
Infrastructure assets that are regulated monopolies or governed by long-term contracts may be less sensitive to economic fluctuations.
Global listed infrastructure allows investors to maintain equity exposure, but with the potential for reduced volatility when markets become turbulent.
As air freight and passenger volumes grow, new investment in airport infrastructure assets represents a fresh source of opportunity.
Timing a rotation into defensive sectors in 2019 will be critical as the longest-ever bull market draws to a close. Listed infrastructure is one such haven for investors.
All investments involve risk, including loss of principal. Past performance is no guarantee of future results. Please see each product’s webpage for specific details regarding investment objective, risks, performance and other important information. Review this information carefully before you make any investment decision.