This dissertation examines the investment risk profile and the inflation hedging characteristics of infrastructure investments using a global sample of listed infrastructure firms. The results challenge the conventional investor wisdom that infrastructure is generally low risk and a good...

This dissertation analyzes how asset performance relates to inflation based on 50 countries and 60 years of data. The three key findings are: a nonlinear behavior of bills, bonds, and equities against inflation, the demystification of listed infrastructure as inflation hedge, and, finally, a...