REAL assets such as infrastructure and real estate are expected to continue to generate attractive returns, even as interest rates creep upwards.
Bruce Flatt, chief executive of Brookfield Asset Management, believes interest rates will stay relatively low - a good backdrop for real assets.
"We continue to think rates globally will be low for at least this cycle. Europe, Japan, the UK will all be even lower than the US. As a result all the real asset products and investments we make can still earn a very good return on capital.
"Real asset investments can earn outsized returns for the risk one takes, given that we've been doing this a long time and we're very global in nature."
Brookfield, one of...
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