CFSGAM believes this allocation reflects the strong experience of its listed infrastructure team, its security selection process and its integrated approach to environmental, social and corporate governance issues.
CFSGAM head of global infrastructure Peter Meany said CFSGAM is delighted its capabilities have been recognised by another highly-regarded institutional investor.
“Market volatility of recent years has presented our team with a unique opportunity to highlight the defensive nature of this asset class, our skills as active managers and our disciplined approach to investing,” said Mr Meany.
The future of global listed infrastructure remains positive, with the sector offering structural growth, real income and lower volatility, he added.
“We have seen increasing demand from investors globally, who want to move cash back into equity markets without adding significant risk,” Mr Meany said.
The Colonial First State Wholesale Global Listed Infrastructure Securities Fund now manages over $4 billion in listed infrastructure on behalf of institutional and wholesale clients worldwide.
It invests in a wide range of global listed infrastructure assets including toll roads, airports, ports, railroads, utilities, pipelines, energy storage, mobile towers and satellites.
