Skip to main content
TOOLS
Login to access your documents and resources.
Confirm your location
location select
language select

Global Infrastructure

Lightened circular highway at night
At-a-glance
Benchmark
  • S&P Global Infrastructure Index (NR)
Number of positions
  • Typically 100 - 150
Primary investment types
  • Common stocks
  • Master limited partnerships (MLPs)
  • Real estate investment trusts (REITs)
Position size
  • Typically < 5% at time of purchase
    or 1.5x benchmark overweight
Non-U.S. exposure
  • 55% - 70%
Emerging markets exposure
  • 0% - 15%

Overview

The strategy seeks to provide long-term growth of capital and income by investing in equity securities issued by U.S. and non-U.S. infrastructure-related companies that own or operate vital structures, facilities and services

Strategy highlights

  • Access infrastructure growth: The investment team invests in a diverse portfolio of global infrastructure companies often overlooked in the marketplace
  • Diversify to help manage risk: Specialty asset classes like infrastructure that exhibit defensive characteristics can help combat volatility
  • Total return focus: Emphasis on attractively valued infrastructure with typically stable cash flows may provide steady income and growth opportunity

We seek to generate total return and low overall portfolio volatility across different market cycles by investing globally in infrastructure securities across numerous countries and asset types."

Benjamin T. Kerl, Head of Public Real Assets and Portfolio Manager

 

 

Defining Infrastructure - Our approach
Contact us
Our offices
London skyline
London
201 Bishopsgate, London, United Kingdom

Important information on risk

Past performance is no guarantee of future results. All investments carry a certain degree of risk, including the possible loss of principal, and there is no assurance that an investment will provide positive performance over any period of time. Certain products and services may not be available to all entities or persons. There is no guarantee that investment objectives will be achieved.

Diversification does not assure a profit or protect against loss.

Investors should be aware that alternative investments are speculative, subject to substantial risks including the risks associated with limited liquidity, the potential use of leverage, potential short sales and concentrated investments and may involve complex tax structures and investment strategies. Alternative investments may be illiquid, there may be no liquid secondary market or ready purchasers for such securities, they may not be required to provide periodic pricing or valuation information to investors, there may be delays in distributing tax information to investors, they are not subject to the same regulatory requirements as other types of pooled investment vehicles, and they may be subject to high fees and expenses, which will reduce profits.

As an asset class, real assets are less developed, more illiquid, and less transparent compared to traditional asset classes. Real asset investments will be subject to risks generally associated with the ownership of real estate-related assets and foreign investing, including changes in economic conditions, currency values, environmental risks, the cost of and ability to obtain insurance, and risks related to leasing of properties.

Back to Top