America's crumbling infrastructure crisis is more than a rallying cry for the presidential candidates. It's an opportunity to get in on the ground floor. 'We are just coming around to this in the U.S.,' said Ted Brooks, global listed infrastructure portfolio manager for at CenterSquare. 'Money will flow into private companies and that is making this a fertile investment ground.' According to Brooks, the ability of the public sector to bear an increased load from a new round of infrastructure investment is not very encouraging. This suggests that private capital or PPPs (public-private partnerships) will be necessary if anyone is actually serious about making significant infrastructure upgrades and improvements. Brooks and CenterSquare subadvise the Dreyfus Global Infrastructure Fund, which is up 12.5 percent so far in 2016, according to Morningstar. The $24.4 million fund is down 33 basis points in the past 12 months, placing it in the 88th percentile of funds ranked in Morningstar's infrastructure category.
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