Strategies
Real Assets
Global Infrastructure Securities Strategy
|
Global Infrastructure Securities Strategy
|
|
Strategies
Real Assets
Global Infrastructure Securities Strategy
|
|
|
|
Global Infrastructure Securities Strategy
|
The Global Listed Real Assets team believes that the performance of infrastructure securities is most highly correlated with the underlying value of their assets. In aiming to achieve core infrastructure exposure in a cost-effective manner, the team utilizes proprietary research to invest in the equity securities of publicly listed infrastructure companies that it views as offering the best value relative to their underlying assets and growth prospects.
BEYOND ASSET FOCUS |
| The team is biased towards those companies that can maintain a stable cash flow profile over time through high barriers to entry. |
SECULAR vs. CYCLICAL BIAS |
| The team remains committed to its investment philosophy irrespective of short term trends, and pursues a disciplined, value-oriented investment process that utilizes proprietary research, which is designed to identify stocks that trade at discounts to underlying infrastructure value. |
APPROACH |
| Focus on total return with less emphasis on income/dividend yield. Long-term investment approach has resulted in low portfolio turnover and helps limit trading costs. |
EXPERIENCED INVESTMENT TEAM |
| The portfolio managers possess more than 45 years of combined experience. The team also leverages its real estate experience in managing the Global Infrastructure Strategy and has implemented a similar investment philosophy and process to the strategy it has been utilizing for Real Estate Securities since 1995, as the team believes the analysis of both public real estate and infrastructure companies share many common characteristics. |
