As the backbone of the global economy, infrastructure plays a crucial role in development, and ultimately prosperity. Yet not enough is being invested in the assets that provide society's essential services.
In the developed world, spending on care, maintenance and the expansion required for the adequacy of our existing infrastructure has fallen woefully short of the mark, leaving our critical assets creaking and bursting at the seams. With government finances under pressure and limited expertise in the public sector, the private sector will play a significant role in the restoration and upgrade of critical infrastructure.
Alex Araujo reviews this shortfall in infrastructure spending, as well as the opportunities for the M&G Global Listed Infrastructure Fund in this asset class.
The value of investments will fluctuate, which will cause fund prices to fall as well as rise and investors may not get back the original amount invested.