All Roads Lead to Infrastructure: An outlook for investors

When we confront an increasingly uncertain world, we find comfort in the resilience and reliability of infrastructure earnings.  Within, we review our outlook for listed infrastructure in 2023.  We discuss infrastructure’s differentiated and consistent earnings, its potential for multiple expansion, its accelerating investment growth, and its historical performance during the final stages of a rate hiking cycle.  In this new year ahead, we are optimistic for the asset class and for the role active managers can play in meeting investor objectives.