How do you define Core, Core+, and Opportunistic equity styles within the infraMetrics® universe?
Answer
We developed a risk-based definition for Core, Core+, and Opportunistic, designed to represent risk/return profiles of unlisted infrastructure companies within the infraMetrics® database.
The Core segment consists of companies whose expected returns are less than the median expected return of the entire universe.
The Core+ segment consists of companies whose expected return is greater than the median but less than the third quartile (75th percentile) of the expected return of the entire infraMetrics universe.
Opportunistic segment consists of companies with expected return greater than the third quartile (75th percentile) of the expected return in the entire EDHECinfra universe.