News & media Benn Mikula Joined the AIC Today to Discuss the Outlook and Challenges Facing Infrastructure Investment Trusts
Fascinating discussions today at the @ Association of Investment Companies (AIC) Infrastructure Media Roundtable surrounding the outlook and challenges facing investment trusts today.
Cordiant’s CEO @Benn Mikula discussed the outlook for the digital infrastructure sector – alongside Cordiant’s ‘Buy, Build and Grow’ strategy – which remains robustly positive, and the critical intersection of regulation and market growth. Underlying demand is strong, with artificial intelligence being an incremental driver atop an already strong base. He also spoke of the critical intersection of regulation and market growth. Investment trusts are operating in a market hamstrung by outdated regulatory frameworks, particularly in respect to fee calculations. While we’re building real value within the digital infrastructure sector, the investment trust sector faces immense pressure from these regulations that both impair retail and institutional investment flows and artificially suppress investment trusts’ share prices.
Benn noted that “the issue isn’t just about the challenges facing infrastructure – it’s about whether or not London wants to remain relevant as a global financial centre. The current regulatory straitjacket suggests we haven’t quite made up our minds.”
Read the AIC event press release here: https://www.theaic.co.uk/aic/news/press-releases/investing-in-infrastructure-the-uk-needs-to-get-building-quickly
