Delaware Investments, a member of Macquarie Group, has launched a new mutual fund Delaware Macquarie Global Infrastructure Fund in the US. The fund will be available to both individual and institutional investors.
Macquarie Capital Investment Management is the fund’s sub-advisor and will be responsible for the investment management of the fund’s assets. The fund, which seeks to provide long-term capital appreciation and current income, is an actively managed portfolio that invests globally in securities issued by companies that are primarily engaged in the ownership and/or operation of infrastructure assets.
According to Delaware the investment team uses a bottom-up approach to identify fundamental long-term value in the listed securities of infrastructure companies.
Scott Coleman, executive vice president and head of distribution and marketing at Delaware Investments, said: “Combining the expertise of Macquarie and Delaware is very exciting for our mutual fund platform. That experience is reflected in the fund’s investment team, which is one of the largest and most experienced investment teams specializing in the listed infrastructure sector.”
Andrew Maple-Brown, the fund’s portfolio manager, said: “We are excited to offer investors what we believe is an attractive investment vehicle to access the global universe of infrastructure securities. Global infrastructure is a compelling, long-term investment opportunity that offers investors the potential for capital growth, diversification, and stable, inflation-linked income.”