Publications

- July 1, 2022: Vol. 15, Number 7

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Global listed infrastructure: Essential news and notes

by Fraser Hughes

The GLIO Index of infrastructure companies pushed forward in May (2.0 percent), and the year-to-date is up 0.33 percent. Global equities stopped a run of recent declines (0.15 percent) in May, but year-to-date are well off the pace at –12.8 percent.

Infrastructure sectors across the board were largely up (in U.S. dollar terms) in May.

In May, electric (3.2 percent) and gas

(5.1 percent) utilities moved up, while water fell –1.7 percent. The aggregate utility

index was up 3.2 percent. Renewables climbed 3.3 percent.

Railroads (–5.0 percent) and passenger rail (–2.0 percent) continued their recent pull back. Toll-roads (0.6 percent), airports (2.4 percent) and marine ports (1.9 percent) all moved in the right direction. The transportation group ended down (–3.1 percent).

In May, the great start to 2022 for energy transportation and storage continued (6.2 percent). Year-to-date, the sector remains significantly higher (25.8 percent).

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