Nordea launches infrastructure fund with economic cycle 'reaching the end'

Duff & Phelps IM selected for real estate vehicle

Nordea Asset Management has expanded its late-cycle offering with the launch of a global infrastructure fund under the management of CBRE Clarion Securities amid growing demand for the asset class.

Investing in listed infrastructure, the Nordea 1 - Global Listed Infrastructure fund targets "defensive and stable growth" through dividend income, as well as inflation-linked revenues and growth from reinvestment capital. Property sector doubles cash amid industry's liquidity crisis It also aims to benefit from the secular trend of sustainable development, which is heavily reliant on infrastructure investment. The firm said it has seen rising demand for the asset class, which "requires ongoing investment to upgrade and replace, as "after many years of economic expansion… we are re...