Infrastructure Investing

Strategy 20.1: Long-term Infrastructure Investing. Three sub-strategies combined: (a) Diversification: include infrastructure assets for better risk-adjusted returns. Buy infra ETFs when underweight. (b) Inflation hedging: increase infra allocation when inflation indicators rise (infra cash flows often inflation-linked). (c) Stable cash flows: prefer brownfield (established) over greenfield (new construction) assets - use lower vol as proxy. Uses: - Momentum + mean-reversion for timing entry - Volatility regime for brownfield preference - Inflation proxy (commodity/price momentum) for allocation sizing Rebalance signal emitted quarterly (approximately every 63 trading days).