Is infrastructure investment on a road to nowhere?

The asset class is hot and has many admirable qualities – but offering shelter from political risk is certainly not one of them

Who’d be an investor these days? Equities are going up and down like yo-yos, fixed income generates pitiful returns and the old, established ways of making sense of the investment world have been rubbished – modern portfolio theory anyone?

So, the last thing you need, when you think you've spotted a promising new asset class, is for someone to start jumping up and down shouting: "Bubble!"

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How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line