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Global Infrastructure

The Nuveen Asset Management Global Infrastructure Strategy seeks to provide diversified exposure to listed infrastructure companies across numerous countries and asset types.

Portfolio At-a-Glance

Benchmark S&P Global Infrastructure Index
Portfolio Composition Global strategy roughly 2/3 non-US over time
Diversified sector exposure, including:
  • Transportation: airports, seaports, toll roads, rail
  • Energy: pipelines, Master Limited Partnerships (MLPs)
  • Utilities: electric, gas, water, electric transmission, renewables
  • Social Infrastructure: government outsourcing, facilities management
  • Communications: cell phone towers, data centers, satellite systems

Objective Total Return
All Equity
Return Target 100-300 bps excess return over full market cycle
Risk Target Tracking error between 200-600 bps
Investment Vehicles
  • Institutional Separate Account
  • Mutual Fund
  • UCITS Fund
Related Links

Investment Process

Focuses on Bottom-Up Relative Value Opportunities

The team attempts to exploit inefficiencies in the marketplace through relative valuations based on:

Discounted Cash Flow

  • Asset-by-asset, sum-of-the-parts methodology
  • Allows us to compare like assets across geographies
    • Credit Default Swaps (CDS) spread
    • Sovereign debt yields
    • Regulatory trends

Other Incorporated Valuation Metrics:
P/E
  • A company’s multiple vs. its historical trading range
  • A company’s premium/discount vs. a carefully defined peer group
Comparative Net Asset Value
  • Based on private market transactions
Enterprise Value (EV) / EBITDA
  • A company’s multiple vs. its historical trading range
  • A company’s premium/discount vs. a carefully defined peer group
  • Peer groups based on stock correlation analysis as well as asset-type similarity

Certain strategies may be available through other investment vehicles not listed above. Vehicles and their respective platforms shown may not be available in certain jurisdictions; investors should be aware of applicable legal requirements. This information should not be considered a solicitation or an offer by Nuveen Asset Management or Nuveen to provide any services in any jurisdiction. For more information on collective investment trusts, please contact us. If you are a non-U.S. investor and would like more information on UCITS Funds, please visit nuveenglobal.com.

This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities. The information does not take into account the specific objectives or circumstances of any investor, or suggest any specific course of action. Investment decisions should be made based on an investor's objectives and circumstances and in consultation with his or her advisors. All investments involve risk and there is no assurance that an investment will provide positive performance over any period of time. There is no assurance that downside protection will be achieved.

23776-G-INST-AN-04/18

Contact Us

  • Institutional Investors/ Consultant 612.303.3381
  • Registered Investment Advisor 800.558.4487
  • Financial Advisors 800.752.8700
  • Mutual Fund Investors 800.257.8787