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Sadek Wahba, Anne Valentine Andrews
Infrastructure is emerging as a distinct alternative asset class that serves as a complement to real estate and traditional private equity investments. Infrastructure assets are long-term investments associated with providing essential public goods and services to societies across the globe. 
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June 27, 2008 |
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Investing in Infrastructure: A Primer
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| Sadek Wahba, Anne Valentine Andrews |
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| Infrastructure is emerging as a distinct alternative asset class that serves as a complement to real estate and traditional private equity investments. Infrastructure assets are long-term investments associated with providing essential public goods and services to societies across the globe. |
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US Credit Strategy: Short End of the Stick
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| High-grade credit is still the best house in a bad neighborhood over a longer horizon. That's our base case, while the odds are stacked against a constructive view on credit in the near term. Soon 2Q earnings reports will begin, and negative guidance is poised to increase, as 2H08 earnings expectations still look unreasonably high to us. Investors should be looking to shorter-dated maturities over long bonds as inflationary pressure will weigh on yields generally. |
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