In the latest issue of the GLIO Journal, DWS, GLIO/Duff & Phelps, ClearBridge, CBRE, Cohen & Steers and Spek Advisory all look at the benefits of an allocation to listed infrastructure companies. The GLIO/Duff & Phelps article shows investors how blending listed and unlisted infrastructure offers a host of benefits. They advise that to harness the full potential of an infrastructure allocation, investors need to adapt their thinking to access the full $6 trillion infrastructure opportunity set.

For a rational investor, listed infrastructure should be considered equally alongside unlisted in an infrastructure allocation. Inherent in this approach are several factors: fees, liquidity and portfolio rebalancing requirements, risk exposures, diversification, cash flows, opportunity sets, inflation protection, and perhaps most importantly, risk-adjusted valuations, as opposed to splitting the asset class by the method of accessing equity — all covering Hostpl