‘FAKE INFRA’ THREATENS REAL DEAL

"(...) Listed infrastructure, as it is proposed to investors today, exhibits high drawdowns and volatility, does not have better risk-adjusted performance than broad market stock indices, and shows behaviour easily explained by a series of well-known factor tilts available to investors throughout the sharemarket.(...)"

Cited As:

Frédéric Blanc-Brude

Professeur, Directeur EDHECInfra

"(...) Listed infrastructure, as it is proposed to investors today, exhibits high drawdowns and volatility, does not have better risk-adjusted performance than broad market stock indices, and shows behaviour easily explained by a series of well-known factor tilts available to investors throughout the sharemarket.(...)"

Type: Press article
Date: le 16/10/2017
Research Cluster : Finance
Source : Top 1000 Funds

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