Credit crunch negatives will not affect long-term infrastructure positivity

Global listed infrastructure has made a poor start to the year along with world equity markets. The ...

Global listed infrastructure has made a poor start to the year along with world equity markets. The sector has been negatively impacted by the credit crunch and concerns about a significant slowdown in global growth. However, despite this weakness we remain extremely positive about the long-term outlook for listed infrastructure. Declining share prices have revived M&A activity in the sector as long-term investors are attracted by lower valuations. For example, Babcock & Brown have recently acquired a 20% stake in UK ports operator Forth Ports and there has been significant speculation ...