Same, but different.

The infrastructure debt market has continued to evolve and grow since its inception as an institutional asset class a decade ago. Its attractive features remain the same while continuing to show resilience throughout times of economic stress, including during the COVID-19 crisis. Infrastructure debt has shown time and time again that it can deliver a sustained yield-pick up at a time of record-low returns in public fixed income. These features provide further tailwinds for growing institutional allocations to the asset class.