Home » Real Insights » High Income Infrastructure Debt: A Formidable Friend In Turbulent Times
High Income Infrastructure Debt: A Formidable Friend In Turbulent Times
by Thomas Dutka, Risman Cornelius
reading time: 8minutes
15. May 2023
As with its equity counterpart, private infrastructure debt has matured considerably as an investable asset class over a relatively short period of time. Its appeals are by now well established – low volatility backed by stable long-term cash flows, lower default risk versus broader corporate credit, typically robust inflation insulation, and favourable portfolio construction benefits. Indeed, the current uncertain and turbulent economic backdrop plays to its strengths. Additionally, it can play a pivotal role in a key secular trend that has gained significant traction in recent years – generating decarbonisation and broader sustainability outcomes.
Thomas Dutka
CFA Director, Investment Solutions Group
Thomas authors macroeconomic research covering current global financial and political developments, and infrastructure-specific research. He also contributes to strategic asset allocation processes, and portfolio construction and manager research with an emphasis on fixed interest, credit and cash. Prior to joining PATRIZIA, Thomas worked within the origination team of Macquarie Asset Management’s structured product division, developing complex, bespoke investment solutions for clients. He has also practised as a corporate lawyer at a leading Australian law firm. Thomas is a CFA Charterholder.
Cornelius Risman
Director, Investment Solutions Group
Cornelius oversees the Investment Solutions team’s portfolio construction and asset allocation analysis, as well as investment manager research and related decision-making, and the development and delivery of portfolio solutions for institutional clients. Prior to joining PATRIZIA in 2014, Cornelius spent 12 years as a portfolio manager and investment analyst at a leading boutique funds management firm which specialises in socially responsible investment. His investment management experience also includes three years as an equity analyst with Macquarie Bank. Cornelius is an alternate member of PATRIZIA’s Listed Infrastructure Investment Committee.
