“The significant differences in the types of assets that you can gain exposure to through investing in the listed and unlisted markets leads to different sector and regional risk exposures offered by the two markets,” he points out.
“We think this can be underappreciated by investors, and that by allocating to both unlisted and listed infrastructure investors can optimise their risk and return exposures, and improve portfolio construction efficiency.”
As Mr Haynes points out, investors are able to get passive exposure via the iShares Global Infrastructure ETF, with a portfolio focused on utilities, transportation and energy.
For investors, the good news is they have a choice when it comes to getting exposure to this asset class.
eleanor.duncan@ft.com
