Global listed infrastructure wrap finds two standouts
Vanguard and RARE strategies outperformed their peers following a Morningstar sector wrap of seven global listed infrastructure funds.
The Vanguard Global Infrastructure Hedged fund and the RARE Infrastructure Value fund both maintained their ‘recommended’ rating for their vigorous investment process and an ability to deliver in a variety of market conditions.
“RARE is the leading candidate for investors more open to capitalising on the sector’s expected long-term growth across both the developed and emerging markets,” the report stated.
“Vanguard meets the needs of investors seeking a vehicle that will be lowly correlated to equities and hold firm particularly in falling markets.”
Strategies from Colonial First State and Magellan Infrastructure were reviewed for the first time, both of which were given ‘investment grade’ ratings.
Other funds reviewed also received an ‘investment grade’ rating, including strategies by Lazard, Colonial First State and Macquarie.
The wrap found that due to the global infrastructure sector being in its relative infancy, there was little agreement yet about the best index to follow – let alone a unanimous identification of what constitutes an infrastructure security.
Recommended for you
A strong demand for core fixed income solutions has seen the Betashares Australian Composite Bond ETF surpass $1 billion in funds under management, driven by both advisers and investors.
As the end of the year approaches, two listed advice licensees have seen significant year-on-year improvement in their share price with only one firm reporting a loss since the start of 2025.
Having departed Magellan after more than 18 years, its former head of investment Gerald Stack has been appointed as chief executive of MFF Group.
With scalability becoming increasingly important for advice firms, a specialist consultant says organisational structure and strategic planning can be the biggest hurdles for those chasing growth.
