Infrastructure investment remains low
Allocations to global listed infrastructure represented only three per cent of the entire listed infrastructure universe, acccording to an AMP Capital whitepaper.
This compared to 30 per cent of global real estate investment trusts.
The group's head of global listed infrastructure, Tim Humphreys, said global listed infrastructure had strong and unique cash flow characteristics along with liquidity.
"The cash generated by the underlying assets provided investors with stable, reliable and growing income. This stability meant [investors would have] reliable dividends that grew at attractive rates, often above inflation."
Notwithstanding that, there would be increased investment from the private sector, as governments around the world would worked to reduce expenditure.
Governments were the traditional providers of infrastructure, but since the global financial crisis, balance sheets were under increased pressure, and that meant governments had to list their infrastructure assets, Humphreys said.
Cash flows would continue to grow between seven to nine per cent over the medium to long-term.
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