
4D Infrastructure
News & Views: One final round of rail consolidation?
The North American freight rail sector is a critical pillar of the US economy and one of the largest and oldest sectors in the global listed infrastructure universe.

Canopy Investors
The enemy within
"The investor's chief problem — and even his worst enemy — is likely to be himself."
Benjamin Graham, 1949

Bennelong Funds Management
Bennelong Funds Management launches Allspring Global Income Fund
Bennelong Funds Management has launched the Allspring Global Income Fund, targeting Australian retail, wholesale and institutional investors.

4D Infrastructure
News & Views: 2025 mid-year macro outlook update
In 4D’s 2025 January Outlook we discussed what the year ahead could bring. Reflecting upon the risks and opportunities we highlighted, and the events of the last six months.

Canopy Investors
FY25 investor letter
We’re pleased to share our annual letter for the fiscal year ending 30 June 2025, representing the Fund’s first full year of operation.

Quay Global Investors
Investment Perspectives: Six themes impacting GREITs right now
Deep-dive company research is central to Quay’s investment process. This month we unpack six key themes – both emerging and ongoing – that stood out from over 30 in-person meetings with prospective and existing investees across Europe, the UK and the US.

4D Infrastructure
Trip Insights: Europe
This is the 19th edition of our Trip Insights series, where we share our travel experiences and on-the-ground perspectives from our company meetings and regional visits. It follows a recent research trip by Sarah Shaw, Global Portfolio Manager, and Tasneef Rahman, Senior Investment Analyst, through Spain, Italy, Switzerland, Germany, France, England and Scotland.

4D Infrastructure
News & Views: Oil spikes and geopolitics – How does Global Listed Infrastructure fare?
In our 2025 Outlook piece, one of the main themes we were monitoring was elevated geopolitical risks. Among these risks, an oil price shock was flagged as having one of the highest likelihoods.

Canopy Investors
The return you see, the risk you don’t
It’s not whether you’re right or wrong, but how much money you make when you’re right and how much you lose when you’re wrong.
George Soros (quoted by Stan Druckenmiller), The New Market Wizards: Conversations with America’s Top Traders, 1994