Gravis's Argent: Infrastructure sector has had a 'perfect storm'

Nationalisation debate a key issue

Listed infrastructure has developed as an asset class in its own right over the past decade and investors have been attracted to its bond-like characteristics during a period of historically low returns on government debt.

In recent months, however, the sector has undergone what may be perceived as a perfect storm. Last September, comments at the Labour Party Conference unleashed the nationalisation debate, with Shadow Chancellor John McDonnell calling for privately financed social infrastructure assets funded through the Private Finance Initiative (PFI) to be brought back into government control.  Beyond Trump's rhetoric: Where are the infrastructureopportunities? This was followed in January by the collapse of Carillion and a National Audit Office (NAO) report into the costs and benefits of the ...