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Top Trumps: Infrastructure equities – 23 July 2026

This week FSA compares two infrastructure equity funds: the BNY Mellon Global Infrastructure Income fund and the Morgan Stanley QuantActive Global Infrastructure fund.

Source: FE Fundinfo. All relevant fund data converted to US dollars for comparative purposes. Performance, alpha and volatility are annualised over three years with data as reported at the end of last month. Information ratio (IR) aims to measure a portfolio manager’s consistent ability to generate excess returns relative to a benchmark. The higher the IR, the more consistent the manager is.

Based on the popular 80s card game, each week we select an asset class and use FE fundinfo data to compare two funds based on their three-year performance, assets under management, alpha, volatility, ongoing charges and information ratio to decide which is the Top Trump.

This week, the BNY Mellon Global Infrastructure Income fund ties with the Morgan Stanley QuantActive Global Infrastructure fund: 3-3

BNY Mellon Global Infrastructure Income fund

The fund aims to maximise total returns from income and capital growth by gaining exposure to companies located worldwide that are engaged in infrastructure and related operations.

Top 10 holdings:

  1. Hess Midstream
  2. Naturgy Energy
  3. ONEOK
  4. Healthpeak Properties
  5. Omega Healthcare Investors
  6. ENGI
  7. Bouygues
  8. Enbridge
  9. Enel
  10. Edison International

Morgan Stanley QuantActive Global Infrastructure fund

The fund aims to achieve long-term growth for its investors.

Top 10 holdings:

  1. Enbridge
  2. Williams Cos
  3. American Tower
  4. TC Energy
  5. National Grid
  6. VINCI
  7. Targa Resources
  8. Cheniere Energy
  9. Kinder Morgan
  10. Exelon

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