At the annual EDHECinfra Days Conference in London, Frédéric Blanc-Brude, director of EDHECinfra, suggested that rolling stock should be excluded from benchmarking classifications along with aircraft and ships, on the basis that infrastructure is assumed to “bolted to the ground”.

But while that debate continues – The Infrastructure Company Classification Standard (TICCS) is still open to consultation – investors need to think about what including moveable assets would mean for investment in the asset class in future. It could mean a more diversified asset class that includes cycles, drones and scooters if demographics change drastically.

Read the story here.