Lazard Global Listed Infrastructure Fund looks for monopoly-like assets with inflation protection. The fund only invests in developed economies and has a significant weighting to toll roads. Although the fund cautions that investors shouldn’t expect the returns of the past five years to be repeated over the next five years, portfolio manager Warryn Robertson believes the fund is better placed to have investors’ money than some ETF-type funds, given some assets look expensive.

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Daniella D'Ambrosio
5 August 2015