Investing in unlisted infrastructure, also referred to as private infrastructure, can enhance income potential and bring diversification benefits to a portfolio. Over the decade to 2023, infrastructure investments (as measured by the Cambridge Associates Infrastructure Index) returned 10.8 per cent per annum, outpacing both global equities and global bonds.

Infrastructure refers to assets that are essential to economic activity. Whether it be roads, airports, power stations, gas distribution, wind turbines, solar farms or data centres, the term infrastructure covers a broad range of assets.