Sustainable Investing in Focus: The Role of Infrastructure

In the fifth episode of Sustainable Investing in Focus, Josh Featherby, Managing Director, and Anne Kuleshova, Senior Investment Director, discuss how infrastructure and real assets can play multiple roles in portfolios, from stable income generation to diversification, growth, and impact.

Their discussion spans both the need to upgrade existing infrastructure including roads, rail and airports and the investment opportunity in the infrastructure of tomorrow, from EV charging and microgrids to waste and water systems.

Josh explains that sustainable real assets can serve a range of portfolio objectives. For some investors, core infrastructure and operational assets such as solar plants can provide steady, income-generating exposure. For others, assets like agriculture and timber can offer diversification alongside public equities and fixed income. And for clients seeking more growth-oriented or impact-driven opportunities, backing newer technologies and greenfield projects may offer greater upside, albeit with higher risk.

Anne also discusses how manager selection is evolving, with energy security, AI and geopolitics reshaping the investment landscape. Together, they reflect on a maturing opportunity set that increasingly allows investors to align portfolio construction with both financial goals and broader sustainability priorities.

Watch the video below to hear Josh and Anne’s insights on investment opportunities within sustainable real assets:

Sustainable and impact investing at Cambridge Associates focuses on helping clients invest in ways that support positive social and environmental outcomes alongside financial returns. Sustainable Investing in Focus is designed to make these topics accessible to everyone by explaining key concepts in a clear and simple way. By sharing practical examples and insights, the series helps viewers understand how sustainable investing works, why it matters and how it’s changing.