Manager Comment March 2018 – Listed Infrastructure Fund

In March Listed Infrastructure was influenced by the negative development of the global equity markets. However, the Fund has shown a more stable performance. Equity markets dropped worldwide due to the tense trade relations between the US and China, which especially...

Manager Comment February 2018 – Listed Infrastructure Fund

Over the reporting period, the broad equity market recorded an increased volatility. This development had a significant impact on the performance of Listed Infrastructure, which from the asset managers’ point of view, cannot be attributed to the fundamental...

Manager Comment January 2018 – Listed Infrastructure Fund

After the positive performance of 2017, the infrastructure sector recorded a negative development in the first month of 2018, which also influenced Listed Infrastructure in a negative manner. In January, the US tax reform resulted in a poor performance for regulated...

Manager Comment December 2017 – Listed Infrastructure Fund

In December, the Listed Infrastructure Fund reported an increase in value. For the last month of the year, airport and railway operators were the main contributors to the Fund’s positive performance. Airports had yet another strong month, as passenger growth...