Global
Infrastructure

Focused on a broader, disciplined definition of infrastructure

KEY CHARACTERISTICS & MATERIALS



OVERVIEW

  • Global, diversified and flexible portfolio construction designed to provide the potential for higher upside capture compared to more defensive infrastructure strategies, while still mitigating downside capture
  • Jennison has been a pioneer in utility investing managing one of the largest utility strategies in the US since the 1990’s
  • Resources from our Energy Value Chain Research Platform further enhances our deep understanding of the infrastructure landscape, which is instrumental in constructing infrastructure-oriented portfolios for our clients

 




    CHARACTERISTICS

Composite Inception: 7/31/08
Strategy AUM: $0.3 Billion as of 3/31/20
Benchmark: S&P Global Infrastructure Index
No. of Holdings: Typically 40 – 60
Market Cap: All-Cap
Turnover: 50 - 70% under normal market conditions
Available Vehicles:









PORTFOLIO MANAGEMENT



Ubong

Ubong "Bobby" Edemeka

Managing Director

Ubong "Bobby" Edemeka

Managing Director

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Shaun Hong, CFA

Shaun Hong, CFA

Managing Director

Shaun Hong, CFA

Managing Director

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Brannon P. Cook

Brannon P. Cook

Managing Director

Brannon P. Cook

Managing Director

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Our Global Infrastructure team is a part of Jennison’s Income & Infrastructure investment suite which also includes our Equity Income, MLP, Utility, and Rising Dividend strategies. The investment teams’ extensive experience within the dividend-oriented utility and telecommunication sectors is complemented by our midstream energy infrastructure experience. In addition, the investment team leverages Jennison’s Energy Value Chain Research Platform, which is comprised of specialized analysts that focus on those sectors/industries within the upstream, midstream, and downstream energy infrastructure space, including utilities and power generation companies. Having invested in midstream infrastructure companies since the late 1990’s, the investment teams’ experience in analyzing operational, financial, and regulatory factors within the broad infrastructure universe is bolstered by our company and sector / industry expertise and contributes to our deep understanding of the landscape. We believe this can provide us a competitive advantage in constructing infrastructure-oriented portfolios on behalf of our clients.

Meet The Team




PERFORMANCE DATA


As of March 31, 2020Qtr1 Year3 Year5 Year10 YearSince Inception
Global Infrastructure Composite - Gross-19.5-8.72.72.48.86.2
Global Infrastructure Composite - Net-19.6-9.32.11.88.25.6
S&P Global Infrastructure Index (Net)*-29.3-21.9-4.2-1.33.31.4


*Index returns are reported net of reclaimable and non-reclaimable withholding taxes.
Source: Jennison/Standard & Poor’s or FT Interactive Data Corporation. Past performance does not guarantee future results. Performance results are calculated in US dollars and reflect reinvestment of dividends and other earnings. Inception of Global Infrastructure Composite: 7/31/08. Periods greater than one year are annualized. Please refer to the GIPS presentation for additional details, important performance information and disclosures.

 



This website is intended for Institutional and Professional Investors only. All investments involve risk, including the possible loss of capital.

Important Disclosures

Jennison Associates is a registered investment advisor and a Prudential Financial company. Jennison Associates LLC has not been licensed or registered to provide investment services in any jurisdiction outside the United States. Certain investment vehicles are distributed or offered through Prudential Investment Management Services LLC (also a Prudential Financial Company) or other affiliated entities. Additionally, vehicles may not be registered or available for investment in all jurisdictions.

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