Insight Investment Research is a top ranked sell side boutique dedicated to Global Infrastructure equity research. We leverage extensive equity research experience, industry knowledge and strong corporate relationships to produce differentiated independent research and provide new insights on infrastructure stocks (toll roads, airports, telecom towers) and the industry to global institutional investors.
We provide clients with timely, concise and in depth reports based on detailed company and industry models. Coverage includes twenty five stocks across the Infrastructure sector across Europe, South America and Asia Pacific. We are expanding our integrated global coverage in a sector almost exclusively covered by regional analysts.Why Insight?
The regulator (FOCA) has made a firm proposal for airport charges with much higher than expected cross subsidies from Non-regulated to Regulated. We reduce our TP to CHF246 as we estimate ongoing Regulated returns (ex. the cross subsidy), meaningfully below our increased WACC (given higher regulatory risk).