Summary Initiate coverage with BUY. We initiate coverage on Keppel Infrastructure Trust (KIT) with a BUY rating. KIT invests in infrastructure assets in developed markets that provide stable cash flows. About 65% of its revenue is linked to the CPI with cost pass-through. Assets under management reached S$8.7 billion as at end-March 2024. Distributions expected […]

source: https://thefinance.sg/2024/06/13/keppel-infrastructure-trust-resilient-assets-support-attractive-yield/