Why infrastructure?
Infrastructure holds an important place in the fabric of modern society, serving as the backbone of the world economy. As such, we believe that the potentially stable and growing cashflows generated by the asset class have an equally important part to play in investors’ portfolios.
Everyday we’re unknowingly reliant on infrastructure. From getting up in the morning, checking your phone and taking a shower to watching the latest boxset at the end of the day.
Where we invest
American Tower
Owns, operates and develops wireless communications and broadcast towers across the globe.
Supports increasing wireless penetration and mobile data usage driven by the
digital economy.
Operates approx. 40,000 wireless towers in the US, 57,000 in India, and 43,000 across the rest of the world.
Cheung Kong Infrastructure
Invests in a diversified array of infrastructure assets associated with electricity distribution, gas distribution, water provision, wind power, waste management, and toll roads.
20-year track record of using free cashflow to make accretive investments in infrastructure opportunities across the globe and to pay investors a growing dividend.
Equinix
Global business underpinning society's increasing use of and reliance on data.
Owns and operates 190 data centres which support almost 10,000 companies globally, including the likes of Amazon, Microsoft and Salesforce.
Naturgy
Global LNG and electricity distribution business.
LNG demand is growing worldwide as a result of natural gas's cleaner power generation profile compared to coal and oil.
The company's strategic focus on low-risk emerging market economies - particularly in Latin America - positions it to benefit from the growth in demand for both LNG and electricity in these regions.
Ørsted
Global leader in offshore wind, the world's fastest-growing form of renewable power generation.
Built more offshore wind farms than any other company worldwide.
Operates nine wind farms and in the process of constructing four more in the UK.
Transurban
Owns and operates urban toll road networks in Australia and the US.
Supported by strong traffic growth in the cities in which it operates, significant growth projects in its core markets, as well as inflation-linked pricing in some areas and fully dynamic tolling in others.
Why us?
Differentiated, Diversified
Investing beyond the traditional realm of economic infrastructure and diversifying into social and evolving infrastructure, with ESG integrated in the process
Rising Income
A high conviction fund investing in 40-50 companies that have the potential to increase dividends sustainably over the long term, often backed by inflation protected revenues
Lower Volatility
Listed infrastructure offers potential characteristics of higher dividend yield and lower volatility versus global equities
The value of the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise and you may get back less than you originally invested.
The M&G (Lux) Global Listed Infrastructure Fund invests in the foundations of a modern society – from the physical assets that provide our water, energy and transportation needs, to the education and healthcare facilities that foster our society, and the communications networks that connect us in an increasingly digital world.
The fund invests mainly in company shares and is therefore likely to experience larger price fluctuations than funds that invest in bonds and/or cash.
Our global approach seeks out opportunities in both the developed and the developing world, with a resolute focus on long-term stability and inflation-protected growth in an asset class with breadth, depth and liquidity.
