Lazard's Cliquet taps into global infrastructure revival

ONE TO WATCH

Annabelle Williams speaks to Bertrand Cliquet, manager of the Lazard Global Listed Infrastructure Equity fund, about why Europe's least-used airports could be an opportunity for investors.

Infrastructure is returning to prominence among income-seeking investors, as a seemingly endless period of low bond yields has pushed managers to consider previously out of favour alternatives. However, renewed interest in infrastructure is not just a function of the hunt for income. The glaring need for better infrastructure in the Western world has moved investment in airports, roads, and utilities to the top of the political agenda, highlighting potential opportunities for investors. Assets allocated to infrastructure have grown steadily over the last two years, and the MSCI ACW...