Barack Obama leads the charge as politicians across the globe pledge billions to aid infrastructure in the deteriorating economic climate
The infrastructure theme held up relatively well amid last year's market turmoil, with listed stocks in the sector significantly outperforming developed and emerging markets equities as well as global property. Seen as somewhat sheltered from the deteriorating economic situation, infrastructure has been thrust into the limelight recently after politicians all over the world pledged billions to projects in a bid to ease the global recession. While waiting to assume the US presidency, Barack Obama proposed the largest public works construction programme since America's highway system in t...
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