The digital transformation of economies, the transition to clean energy and the recovery of the transportation sector will drive the performance of the infrastructure investment market in the years ahead, according to Benjamin Morton, executive vice president, head of Global Listed Infrastructure and a senior portfolio manager, and Chris DeNunzio, vice president and senior analyst, at Cohen & Steers. In an interview published in the July/August issue of Institutional Investing in Infrastructure, Morton and DeNunzio discuss some of the issues investors need to assess as they allocate funds into this evolving market. “Cell towers are a subsector that we’re extremely excited about over the long term. They tend to be high- growth, high-multiple businesses in a market that has recently penalized high-growth, high-multiple businesses amid rising interest rates, so they have lagged in 2022. The group did well through the pandemic period and underperformed in the reopening;