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Search for higher yield leads to infrastructure

Sector remains attractive compared to low returns on offer from bonds and cash

CHANGING LANES: Australia seems to be moving to an approach that would see public sector development of higher-risk infrastructure assets, with subsequent sale to the private sector after demand is proven.

INFRASTRUCTURE is seeing solid interest from investors. Not only does it offer relatively attractive yields and return potential, it's also a good diversifier. With ultra-low bond yields and equities limited by constrained growth prospects, infrastructure can provide a source of relatively...

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