White paper: Maple-Brown Abbott – Should Private Infra be Pricier than Listed Infra – An Analysis


‘We believe investing in infrastructure can provide meaningful benefits to investors. Over the past decade, several structural (higher leverage) and transient factors (rising asset prices and a widening valuation gap) have benefited the performance of unlisted infrastructure relative to listed. It is unlikely these tailwinds will persist indefinitely. In fact, at some point they will probably reverse, providing a headwind to unlisted returns. We believe now is an opportune time for investors to consider listed infrastructure as a means of gaining exposure to this attractive asset class at a lower valuation.’

Link: MBA Analysis Listed vs Unlisted Infra Assets