Infrastructure — No Longer a Niche Option

By Callan Institute

The complete report, which was published in July 2017, is available at https://www.callan.com/wp-content/uploads/2018/07/Callan-Infrastructure-Paper.pdf

Excerpt:

The infrastructure investment landscape has evolved significantly over the past decades. Globally, allocations to this asset class are increasing, and managers are introducing more investment vehicles and building track records. Further, benchmarks are being refined as investors develop their expectations for infrastructure and consider its performance over the past 10 years. Some investors remain on the sidelines, though, citing liquidity concerns, risk-return issues, and diversification questions.

In today’s low-yield environment — with the prospect of rising interest rates — infrastructure can offer a number of benefits to institutional investors, including the opportunity for current yield (to offset