Institutional investors

Infrastructure Why choose Russell for infrastructure investing? Russell manages over $1.2 billion in global listed infrastructure investments for clients around the world. We have considerable experience researching and investing across the real assets spectrum. We offer: Capital markets expertise, Rigorous due diligence of the global manager universe, Multi-manager portfolio construction, incorporating risk management and diversification for investors, and Efficient implementation of investment strategy. Why invest in infrastructure? Diversification As a real asset category, infrastructure offers a distinct risk, return and diversification profile relative to other asset classes, and thus merits consideration for a discrete allocation in a diversified portfolio. Income generation Infrastructure investments feature steady cash flows derived from tangible, long-life assets with monopoly-like pricing power; many are regulated and may feature income linked directly to inflation. Long-term return potential "Pure play" infrastructure assets—which include toll roads, regulated utilities, airports, seaports and cell towers—are essential to the fluid, effective functioning of societies, and accordingly they have highly inelastic demand patterns. Related information Consulting 2010-2011 Russell Survey on Alternative Investing "Structuring a listed infrastructure portfolio" by Adam Babson "Structuring a private infrastructure portfolio" by Adam Babson and Tamara Larsen We would welcome the opportunity to listen and learn about your objectives and discuss how the considerable resources at Russell can help your fund meet its goals.     West Coast David Rothenberg Managing Director 866-926-5934 East Coast Gerry Lillis Director 866-459-4128 Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns. Diversification does not assure a profit and does not protect against loss in declining markets. Investments in infrastructure-related companies have greater exposure to the potential adverse economic, regulatory, political and other changes affecting such entities. Investment in infrastructure-related companies are subject to various risks including governmental regulations, high interest costs associated with capital construction programs, costs associated with compliance and changes in environmental regulation, economic slowdown and surplus capacity, competition from other providers of services and other factors. Investment in non-U.S. and emerging market securities is subject to the risk of currency fluctuations and to economic and political risks associated with such foreign countries. USI-9962-06-12