Impax Global Sustainable Infrastructure ETF

BLDX

Market cap $120M

Infrastructure took center stage at VettaFi's Midyear Market Outlook Symposium on Thursday, drawing portfolio managers from Impax Asset Management and BNY Investments – Newton. Both argued that the asset class belongs in most portfolios as a dedicated allocation, not a tactical theme.

In the 24-hour financial news cycle, there's much buzz surrounding the buildout of infrastructure for artificial intelligence (AI). What about infrastructure beneficial to humans?

As Wall Street's love affair with artificial intelligence heavyweights cools, some investors are pivoting to infrastructure companies they expect to benefit from AI capital spending, a shift that is spawning a slew of new products.