In our view, long-term trends around digitisation, urbanisation and the transition to a sustainable economy are accelerating the need for new infrastructure – for example, new airports, toll roads, data centres, pipelines and grids. We believe investing in select, listed companies operating these infrastructure assets can offer:
- opportunities to capitalise on the sustainability transition;
- an above-average income profile and lower volatility, relative to other equities, with the potential for additional capital growth; and
- defensive characteristics in higher-inflation environments.