Is infrastructure becoming essential for multi-asset investors?

Higher interest rates and investors’ preference for other areas of the market have presented challenges for infrastructure. But now, with equity market concentration high, artificial intelligence (AI) developments, and a new global capex cycle, infrastructure offers potential advantages for multi-asset investors. Investment and government spending is being directed to essential areas such as energy modernisation, transport networks, and water systems. The main drivers of this cycle are economic and political, aiming to improve long-term productivity and resiliency. As other areas of the economy...