Kempen Capital Management has announced the launch of the Kempen (Lux) Global Listed Infrastructure Fund.
The fund will invest in listed companies that provide vital services to the community, including (toll) roads, airports, harbours and satellites. These assets generate stable and predictable cash flows, often indexed for inflation.
The high entry barriers and monopolistic position of these companies have a positive influence on the risk-return ratio. As a result, these shares often show an above-average income profile and lower volatility relative to other shares.
This is the first fund launched by a Dutch manager that will manage investments on a global scale in listed companies that own or manage infrastructure.