The end of 2022, a year peppered with high interest rates and rising inflation, economies around the world have changed dramatically, which is signaling an economic tightening, according to an investment themes report from First Sentier Investors.
Looking toward 2023, the firm says central banks walk a tightrope between cooling inflation without dampening demand and depressing wages, but there are bright spots that could usher in opportunities for infrastructure investors.
“We expect public policy support for infrastructure investment to remain strong globally, especially where it relates to the replacement of aging infrastructure assets, buildout of renewables to help decarbonize electricity generation, and globalization of natural gas markets,” said Peter Meany, head of global listed infrastructure securities at First Sentier Investors. “We also expect private sector funding of new infrastructure investment to remain strong in 2023 although rising interest rate
