US v UK utilities: Which are better value?

Over the past quarter, infrastructure globally has endured some highs and lows, with the US, in particular, surging ahead and buoyed by strong economic growth while Europe has faced a series of challenges.

The US and Canada continued to benefit from strong performance across the railroad sector following the announcement of positive traffic volumes data, with many US names delivering strong returns. Rail assets have been standout winners there and continue to look attractive.  Gravis' Argent: Infrastructure sector has had 'perfect storm' In contrast across Europe, investors have had plenty of negatives to focus on. The collapse of Genoa's Morandi Bridge in Italy has considerably weakened the country's toll road sector. Following the tragedy, the Italian government has signalled it...