by Jake Moeller.
In this podcast, Richard Elmslie, Co-Manager of the Legg Mason IF RARE Global Infrastructure Income Fund and Matt Bushby, Global Head of Distribution, RARE, outline the philosophy and positioning of the the fund and discuss the outlook for global infrastructure securities.
They discuss the importance of global infrastructure as a diversifier, the issue of liquidity in the markets and how listed infrastructure has matured as an asset class since the global financial crisis.
|00:34||What is the objective of the fund?|
|01:02||What specific expertise does RARE bring to the market?|
|01:56||How important is global listed infrastructure as a diversifier?|
|02:45||Is listed infrastructure genuinely liquid?|
|03:29||How has listed infrastructure evolved since the global financial crisis?|
|04:15||How important is income as a component of total return for this asset class?|
|05:06||Outline some of the stocks in your portfolio|
|07:06||How does your portfolio differ from infrastructure trusts?|
|09:30||What is the outlook for global listed infrastructure?|
Richard and Matt are chatting with Jake Moeller, Head of Lipper UK and Ireland Research, at Thomson Reuters in Sydney, Australia, on April 23, 2018.
About Richard Elmslie
Richard Elmslie is a founder, Co-Chief Executive Officer and Co-Chief Investment Officer of RARE Infrastructure. As a Senior Portfolio
Manager, Richard is involved in assessing and critiquing research on all strategies and ensuring the smooth operation of the firm.
Prior to founding RARE in 2006, Richard spent 19 years in the global infrastructure sector, including five years as Head of Power and Joint Head of Infrastructure at UBS Investment Bank.
Highlights of Richard’s career include being part of the advisory team on the privatisation of the UK / Scottish and New Zealand Telecom, as well as team leader on the privatisation of major Australian airports in Sydney, Melbourne and Brisbane.
Richard holds a Bachelor of Commerce from the University of New South Wales, is a member of the Institute of Chartered Accountants and is a Fellow of FINSIA.
About Matt Bushby
As Global Head of Distribution, Matt is responsible for leading RARE’s Australian institutional and retail businesses as well as working closely with Legg Mason’s sales, product and marketing teams to grow RARE’s global presence. Matt has 17 years’ experience in financial services across managed funds, lending and HNW client advice.
Prior to joining RARE in 2012, Matt was responsible for Key Account Relationships in NSW at AMP Capital Investors focusing on the distribution of listed and unlisted real asset strategies, fixed income and multi-asset portfolios.
Matt holds a Masters degree in Business (Finance) from the University of Technology Sydney.
Thomson Reuters Lipper delivers data on more than 265,000 collective investments in 61 countries. Find out more.
This material is provided for as market commentary and for educational purposes only and does not constitute investment research or advice. Thomson Reuters cannot be held responsible for any direct or incidental loss resulting from applying any of the information provided in this publication or from any other source mentioned. Please consult with a qualified professional for financial advice. The author does not own shares in this investment.
In this #FundManagerChat podcast, Andrew Dalrymple, fund manager of the Aubrey Global ...
In this #FundManagerChat podcast, David Zahn, Head of European Fixed Income at Franklin ...
Lipper’s fund asset groups (including both mutual funds and ETFs) suffered net outflows ...
In this #FundManagerChat podcast, Tim Crockford, fund manager at Hermes Investment ...