Unlike the GFC, the global listed infrastructure sector has gone into the COVID-19 crisis with strong balance sheets and high debt serviceability. But while safe havens like utilities and mobile towers have held their ground in most markets, not all infrastructure has been immune to the impacts of COVID-19, with significant declines in toll road and airport traffic and electricity and gas usage.
Could there be mispriced opportunities? Find out more from Deputy Head of Global Listed Infrastructure Andrew Greenup, who will cover:
- How different sectors and geographies have been impacted by COVID-19, and what the recovery may look like for particular assets.
- Where valuations are attractive, including recession-proof assets currently trading at a discount as the US market demands liquidity.
- Assets positioned to benefit from the crisis, and the potential for increased M&A activity.
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