A monthly review and outlook of the global listed infrastructure sector.

Key highlights - as at July 2016  

 

  • In SGD terms, First State Listed Infrastructure (the “Fund”) built on gains from previous months, rising by 3.67% in July and outperforming its benchmark index by 1.82%.
  • Growth infrastructure rallied led by Ports and Railroads, while Utilities were flat.
  • With valuations full from a historical perspective, active management will be increasingly important.
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