What is the total market capitalisation and liquidity of the global infrastructure sector?
The market capitalisation of RARE’s universe of global listed infrastructure securities was greater than USD2.5 trillion as at 31 December 2009. The more narrowly defined RARE 200 had a market capitalisation of USD1.8 trillion as at 31 December 2009. The RARE 200 comprises between 200 – 250 global listed infrastructure securities. Based on the RARE team’s analysis, the RARE 200 is reduced to a focus list of approximately 80-120 companies which are deemed worthy of in-depth analysis. The daily liquidity of the RARE 200 as at 31 December 2009 is approximately USD7.7 billion, enabling relatively high liquidity to acquire and dispose of securities at will.
