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To be able to arrive, to be able to be, to be able to speak. For everything.

Infrastructure
Invertir en infraestructuras
Categoría
Investment funds
Tipo de contenido
Actualidad
Tiempo de lectura
minutos
Publicado
18 Aug 2022
Infrastructures provide us with essential services to be able to go about our day-to-day lives. We flick a switch and we have light; we get around using motorways, bridges and railways; we talk on the phone thanks to mobile towers; we warm up when it's cold... Essential assets in any society.

Why invest in this trend?

  • These companies supply our daily consumption.
    Companies that own or operate water, gas or electricity supply facilities, but also others equally necessary and in continuous development, such as those dedicated to transport or telecommunications infrastructure.
  • A trend that provides great diversification.
    Not only diversification between the different infrastructure sub-industries, but also the diversification found in the different political and regulatory regimes with different risk exposures.
  • Greater protection against periods of inflation.
    Thanks to long-term regulated contracts, infrastructure companies can modify the price according to the evolution of inflation and pass it on to the end customer.
Reliable and growing revenue
In an uncertain macroeconomic environment, infrastructure and public services represent a solid option for long-term investment.
The recovery of economies and the return to greater normality are driving a new growth cycle in infrastructure, especially in areas that will play a key role in the electrification of facilities.
  • Infrastructure improvement plans of the main economies.
    For example, in the US, where the recent infrastructure improvement law will allocate 1.2 trillion USD to improve power lines, among other objectives.
  • Creation of plans for the use of 5G.
    Which must entail an investment in the construction of communication towers.
Increase in annual investment in the energy sector

According to figures from the International Energy Agency, annual investment in the energy sector is expected to reach $2.5 trillion USD by 2030. That's nearly three times as much as in the previous decade!

  • More than half of the investment will go to renewable energy.
  • And more than a third will be allocated to the expansion, modernisation and digitisation of electricity grids.
Public policies that seek to electrify their economies as much as possible and do it in the most efficient way.
  • Goodbye coal.
    Infrastructures play a key role in the decarbonisation process of the main developed economies.
  • Welcome to renewable energies.
    Net Zero objective of the main developed economies: feed the electricity grids with as much renewable energy as possible.

Global timelines to reach net zero emissions



Source: World Resources Institute, IPCC.

The investment is focused on listed infrastructures, such as concessionary, railway and road infrastructures, and communication and electrical towers. These companies are essential for us to be able to live in cities.

  • A highly diversified investment universe, which ranges from companies dedicated to water, gas or electricity, to communication and transport companies.

What do the experts think?

With revenue generally linked to inflation, listed infrastructure corporates have shown growth characteristics over the past 12 years relative to global equities. In the current context, these corporates could be more resilient to the various economic cycles and this sector may therefore offer opportunities.

Our investment proposal

The value of investment funds can fall as well as rise, and you may get back less than you invested.


ISIN
Fund
Risk profile
FX
Investment Policy
Minimum contribution
Fact sheet/Subscribe
LU2041044095
BGF CIRCULAR ECONOMY
Advanced
USD
1000 €
LU2092758726
ROBECO CIRCULAR ECONOMY EQUITIES
Advanced
EUR
1000 €
ES0113573002
BANKINTER PLATEA MEGATENDENCIAS
Medium/High
EUR
10 €