Infrastructure remains resilient despite macro challenges
Tightening monetary policy, rising interest rates and the Russian invasion of Ukraine have shifted the macro landscape to the point where a global recession is possible in 2023. Whilst the infrastructure asset class is not immune to these challenges,
we expect it to remain resilient given favourable links to inflation and steady underlying demand.
Infrastructure investments can provide a natural hedge to macro challenges, such as inflation. This article discusses what could happen if the global economy enters recession and profiles infrastructure's resilience across sectors.
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About the author
Executive Director, Portfolio Management
Joined in 2007
Michael heads up the Portfolio Management Team, providing fund analysis and thought leadership across IFM Investors’ Australian and Global Infrastructure portfolios. Michael is also responsible for fund transactions and asset management, and is a board member of NT Airports. Prior to joining IFM Investors, Michael worked for BHP Billiton, where he was involved with industrial research and development, oil and gas exploration, field development, engineering and planning, strategy development, and mergers and acquisitions.