Port, railway managers' bonds are best performers in Australia

[SYDNEY] Companies managing ports, railways and roads are 2014's best Australian corporate debt performers as investors seek higher-yielding alternatives to sovereign debt that can also withstand bouts of economic weakness.

Notes from Port of Brisbane Pty and rail-freight operator Aurizon Holdings Ltd gained the most among the top issuers, according to a Bank of America Merrill Lynch index. Brisbane Airport Corp and Airport Motorway Trust, which finances Sydney's Eastern Distributor toll road, were...

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