Publications

Research - OCTOBER 15, 2021

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Report finds global listed infrastructure dips in September

by Kali Persall

The global listed infrastructure (GLI) asset class dipped in September as higher energy prices, U.S. political uncertainty and China’s Evergrande debt crisis weighed on financial markets, according to First Sentier Investors’ GLI review and outlook for the month.

The best-performing infrastructure sector was airports, followed by pipelines, while the worst-performing infrastructure sector was towers/data centers, which were affected by rising bond yields. Utilities also underperformed due to higher bond yields, a spike in natural-gas prices, and the threat of political interference in European power markets.

The outlook said Japan was the best-performing infrastructure region. The United States was the worst, as its politicians debated raising the country’s debt ceiling and continued negotiations on President Biden’s infrastructure-stimulus plan.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.