Combining equity and fixed income listed infrastructure ‒ approaches and outcomes

Listed equity infrastructure has a number of distinctive properties from the rest of listed equities, which justifies its consideration from investors. However, a combination of listed infrastructure equities and listed fixed income infrastructure provides investors with a wider choice of vehicles and investment strategies.

In this paper, we demonstrate that combining listed equity and fixed income infrastructure in a single portfolio improves its risk and return profile compared to a pure infrastructure fixed income or equity portfolio. We also explain how combining listed fixed income and equity infrastructure into a single portfolio can also be viewed as a transparent way to access liquid exposures to the whole underlying infrastructure asset class, as opposed to a single exposure to either equity or fixed income infrastructure. We also discuss different options for combining fixed income and equity listed infrastructure assets and their historical performance.

You can now read the full whitepaper at the link below