The more stable yield characteristics of regulated infrastructure are well known but new investment opportunities in this sector are becoming increasingly rare.
Social infrastructure public-private partnerships (PPPs) offer many of the benefits of this traditional infrastructure class, but with lower counterparty risk and negligible regulatory risk. Additional benefits include choice, diversification and long investment terms.
Where cash is king
With its promise of diversification and a high degree of investor comfort, social infrastructure is becoming a favoured investment theme. Greg Maclean of AMP Capital runs the rule over the sector.