Infrastructure Indices: Comparative Analysis of Performance, Risk and Representation of Global Listed Proxies

Faced with historically low interest rates, investors are looking further into illiquid assets such as infrastructure in search of alternative sources of income, better diversification and a long-term investment perspective.This paper analyzes the key performance and risk characteristics of the EDHECinfra global unlisted infrastructure equity index when color touch 7/97 compared to the main global listed infrastructure indices during the 2001-2018 kt196 torque converter period.The descriptive statistics method is applied to determine the representation of the benchmarks commonly used by investors considering infrastructure investments.

For the purpose of the market beta analysis, the MSCI World index is also used as a global equities proxy in a linear regression model.

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