4D Infrastructure is a boutique asset manager investing in listed infrastructure companies across all four corners of the globe. It was established in April 2015 by principals Sarah Shaw and Greg Goodsell in partnership with Bennelong Funds Management, and the team now manages the 4D Global Infrastructure Fund and the 4D Emerging Markets Infrastructure Fund. Their aim is to identify quality infrastructure companies trading at or below fair value with sustainable, growing earnings combined with sustainable, growing dividends.

“We believe the longer-term infrastructure investment opportunity remains intact and has actually been enhanced by COVID-19. Infrastructure offers defensiveness with economic diversity. These attributes, coupled with a significant growth pipeline, create a very attractive long-term thematic for the sector despite the near-term concerns of COVID-19.”

In this podcast, 4D Infrastructure’s Global Portfolio Manager and Chief Investment Officer, Sarah Shaw, explains the current unique opportunities in the infrastructure sector.

• 0:40 – How data continues to show the defensive characteristics of listed infrastructure (even after a tumultuous period)
• 3:01 – Why the team believes the longer-term infrastructure investment opportunity has actually been enhanced by COVID-19
• 5:50 – The significant buying opportunity in airports
• 7:45 – 4D’s view on interest rates and inflation, and the impact on infrastructure assets
• 9:43 – A reminder on infrastructure’s two main sub-sectors – regulated utilities and user-pay assets – and how they are likely to perform during 2021 and beyond