June 23, 2026
Hard Assets, Harder Reality: The Case for Infrastructure
KEY SUMMARY POINTS
- Infrastructure is gaining importance in a shifting macro regime: Persistent inflation, deglobalization, and increased physical investment are reinforcing the role of real assets in portfolios.
- Structural inflation supports real asset demand: Supply chain reshoring and trade frictions are embedding inflation more deeply into the system, increasing the value of assets with pricing power.
- Infrastructure offers built-in inflation protection: Many assets benefit from regulated or contractually indexed revenues, allowing cash flows to keep pace with rising prices.
- Not all infrastructure exposure is equal: Outcomes depend heavily on mandate discipline, asset purity, and regional positioning, rather than broad market exposure alone.
- Infrastructure is a long-term compounding asset: The asset class is best suited as a core allocation, delivering steady cash flows and resilience through economic cycles rather than short-term timing opportunities.
- CI’s approach emphasizes durability and discipline: A long-term, outcome-driven strategy focused on portfolio construction aims to deliver consistent returns and diversification benefits across market environments.
View the article: Equities: Hard Assets, Harder Reality
About the Author
Dillon Suresh is a Director, Institutional Portfolio Manager at CI Global Asset Management, where he oversees the firm’s equity strategies. In this role, he delivers portfolio insights to institutional and advisor audiences while supporting the positioning and growth of CI GAM’s equity solutions.
Prior to joining CI GAM, Dillon was a Senior Associate on the Investment Strategy Group at BMO. His work involved developing market outlooks and contributing to the development of year end market targets for the S&P 500 and the S&P TSX Composite. He previously worked at Willis Towers Watson as an investment consultant, advising institutional clients on asset allocation and portfolio construction decisions.
Dillon holds a Bachelor of Business Administration from the University of Toronto and is a CFA charter holder.
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Published June 4, 2026
