Calendar 2019 will go down in history as one of the largest ever rallies for infrastructure securities, driven by investors seeking low risk assets trading at attractive multiples. The sector holds unique investment characteristics - assets are long dated in nature and monopolistic, providing essential services to society. Assets are either governed by regulation or hold very long dated contracts, generally protecting against inflation or a rising cost of equity. This in turn provides a high level of predictability to future earnings and stability of dividends. Infrastruc...