“Although infrastructure is illiquid, our research shows that if you can measure the risk-adjusted performance effectively, investment becomes much less challenging.
“You do see negative returns on some assets. But our benchmarks give a portfolio view and indicate that risks reduce considerably as they spread across the portfolio.
The research also shows that infrastructure provided greater performance and lower risk compared to the stock market between 2000 and 2016. “There is an influx of institutional capital chasing the same trophy assets in Europe. But better data brings greater transparency and opens the decision about where to invest.”
EDHECinfra’s Sarah Tame is interviewed in the The Times Future of Infrastructure supplement.