From an investor perspective, what makes infrastructure debt attractive versus other asset classes? It is an interesting time to invest in infrastructure as a maturing asset class, particularly as it compares to sister asset classes such as real estate. We see more and more differentiation within infrastructure debt and equity, with more fundraising for specialist...
Tag: Asset Class Perspectives
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Infrastructure Debt 2024 Webinar | UBS Switzerland
Years of investment industry experience: 17 Alex Leung is the Head of Infrastructure Research & Strategy, which forms part of Real Estate & Private Markets within UBS Asset Management (UBS-AM). Alex joined UBS-AM in April 2018. In his current role, he conducts macro and fundamental research on the infrastructure markets, identifies investment opportunities, and develops...
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Infrastructure Debt in a Sweet Spot for 2024
Digitalization The COVID-19 pandemic accelerated the adoption of remote work, education and healthcare with the popularization of HD video conferencing. The continued roll out of 5G, AI and internet-of-things (IoT) will increase demand for digital infrastructure. For infrastructure debt investors, digital infrastructure including towers, fiber and data centers are all attractive investments, given the demand...
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Unlocking infrastructure opportunities | UBS Switzerland
During the low-interest phase of recent years, institutional investors have included alternative investments such as infrastructure in their portfolios because of the higher return potential. As a result of interest rate increases, the return outlook for traditional asset classes, especially fixed income, has improved and investors have more flexibility to achieve their financial goals. However,...
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Infrastructure Investor | UBS Switzerland
Where are the best opportunities? The overall European infrastructure debt market is now valued at around USD 130 billion. Something like 75 percent of the opportunities are in that mid-market space. Investors have a window to take share in that space from the banks that are withdrawing. This is where the opportunities are. Previously, the...
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Fundraising in infrastructure | UBS Switzerland
With infrastructure dry powder, there is a need to deploy capital In our industry, fundraising leads to deals, and deals lead to more fundraising. That mechanism, however, took a pause last year with 2023’s weak fundraising, which led to a slow year for deals. With more than USD 300 billion of infrastructure dry powder, there...
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2024 Infrastructure outlook | UBS Switzerland
Private infrastructure had a challenging 2023. Although performance remained relatively stable, fundraising is at the weakest levels in 10 years, while deal volumes have fallen 40% year-on-year due to wide bid-ask spreads. High interest rates, mixed economic outlook, and geopolitical tensions continue to weigh on the industry. In our 2023 infrastructure outlook last year, we...