……Many infrastructure funds offered in this country are chock-full of international companies like Cintra. Among the other commonly held holdings is Abertis Infraestructuras, a Spanish company that builds and operates toll roads. The company makes up part of the portfolio of the Kensington Global Infrastructure fund and the iShares S.& P. Global Infrastructure Index Fund, the E.T.F., as does the Transurban Group of Australia, a toll road developer and investor.
Mr. Rosenberg also favors Transurban. “The company owns assets around the world; they are mature assets, which really provides stability during the downturn,” he said. He likes the French airport operator Aéroports de Paris, and his portfolio includes Digital Realty Trust, a REIT that owns and operates buildings that house data centers, which some consider part of the infrastructure domain.
Another infrastructure E.T.F., the First Trust ISE Global Engineering & Construction Index fund, meanwhile, includes companies engaged in large public- and private-sector infrastructure projects. The largest holdings include Vinci of France, a building and civil engineering firm; Group ACS (or Actividades de Construcción & Servicios), a Spanish company whose principal activities include the development, construction and management of infrastructures; and Leighton Holdings, the Australian developer.