The big infrastructure opportunity: easing discounts in this unloved sector
Listed infrastructure and renewable trusts have had a torrid time over the last three years with average discounts to NAV (net asset value) drifting out to between 30% and 40%.In our view the gloom and doom gone too far, with the headwinds impacting NAVs have starting to dissipate, opening the prospect of a strong recovery.We have noticed some green shoots of broad share price strength since...
