The Interactions between Direct and Securitized Infrastructure Investments and Its Relationship to Real Estate

Infrastructure Investments

“…They examine the role of unlisted infrastructure in a balanced portfolio and find that unlisted infrastructure investments have a significant role to play in investors' balanced portfolios. Finkenzeller and Fleischmann (2012) investigate the long-run relationships and short-term dynamics between direct and indirect infrastructure returns using samples from the US. Listed infrastructure is represented by the UBS US Infrastructure and utilities index.…”