There are currently two powerful themes in infrastructure according to Jim Wright, infrastructure fund manager, Premier Miton Investors: one is energy transition, the second is digital infrastructure.
Premier Miton is a UK-based asset manager with approximate AUM of £14 billion across different asset classes which includes infrastructure equities around the world.
“High-speed data infrastructure, clearly we need it now and demand for this infrastructure is just going to grow, and grow exponentially,” Wright said.
Talking to Real Asset Insight’s Richard Betts he noted that this demand will not only emanate from homeworking and communications, but the expansion of the “internet of things” which connects devices is going to mean huge demand for data.
“We can invest in the existing infrastructure and the growing infrastructure that facilitates that data. The networks, the pipes if you like, that that sit behind this huge data consumption that we’re going to see.”
The infrastructure that enables the data expansion comprises optic fibre networks, but also the equipment that will facilitate 5G.
“Then clearly data centres…they are an essential part,” he explained, adding that demand for such facilities is expected to grow continually in the forthcoming decades.
Click on the video above to watch the full interview or listen to the podcast below.