- ‘With significant potential for geopolitical and economic uncertainty in 2025, defensive essential service assets such as infrastructure are well positioned
- While inflation is moderating and largely under control, its unpredictability persists. We continue to value embedded inflation pass-through mechanisms in infrastructure, which enhance the resilience of the asset class
- We maintain a preference for monopolistic infrastructure assets that are trading at compelling discounts to our internal valuations. These assets benefit from regulatory protections, robust contracts, and strong inflation linkages, making them attractive through the business cycle
- Large amounts of capital continue to be invested by infrastructure companies to facilitate mega themes of our time including decarbonisation, digitalisation such as electric grid connections for data centres, water quality and transportation.’
