Global listed infrastructure companies, on average, were down 0.80 percent in August, but their long-term annualized total return is 11.8 percent. In comparison, global equities recorded 0.91 percent, according to the FTSE Global Equity Index, and 1.28 percent, according to the MSCI World Index, while global bonds were up 0.19 percent during the month.

Utilities

Global utilities were down 0.70 percent in August, on average. Several of the U.S.-based electric/multi-utilities large-caps made advances during the month, including Duke Energy Corp. (0.70 basis points), NextEra Energy (2.2 percent) and Exelon Corp. (3.7 percent). In Europe, National Grid (–0.40 percent), Iberdrola (–3.4 percent), Engie (–8.6 percent) and Enel (–10.7 percent) lost ground.

Gas utilities, meanwhile, slipped 0.80 percent in August. Atmos Energy Corp. and Hong Kong & China Gas Co. both added 0.90 percent. Tokyo Gas Co. (–3.3 percent) fell for the second month