InvestNow News – 24th April – AMP Capital – Global Listed Infrastructure quarterly update

Joseph Titmus, Portfolio Manager/Analyst, provides a short update on the AMP Capital Global Listed Infrastructure Fund for the March 2020 quarter.

The start of 2020 was significantly challenging one for financial markets and global listed infrastructure was no exception. The month of March was particularly painful for almost all asset classes as COVID-19 spread rapidly around the world and governments reacted by enacting lockdowns. With concerns surrounding the economic impact of these actions, volatility hit all-time highs and correlations between asset classes were significantly increased. Global listed infrastructure was not immune, posting returns for the first quarter in line with global equities.