Infrastructure investment, like all asset classes, had a tough Q2 as lockdowns disrupted market activity. Q3 has delivered a reassuring return to more normal levels of activity, though there is some way to go to recover to pre-pandemic levels. Infrastructure returns have held up best out of all asset classes in the year to March 2020 at 5.8%. Contracted infrastructure assets have been an anchor in the storm for many portfolio managers. With governments looking to infrastructure investment as a spur for economic recovery, the longer-term outlook is attracting increased attention as new, ever-larger funds commence fundraising.
Read our latest infrastructure industry update for a detailed look at fundraising, funds in market, investors, deals, and performance in the third quarter of the year.