BlackRock is going deeper into the hard hat area of the ETF market. The giant asset manager debuted its first-ever actively managed infrastructure ETF, the iShares Infrastructure Active ETF (NYSE:BILT), on Thursday, a move that highlights the increasing popularity of infrastructure as a long-term growth vehicle.
For many decades, infrastructure investing was the investment equivalent of eating your vegetables, not thrilling but good for you. But with increasing global energy transitions, AI-hungry infrastructure that demands data and reconfigured supply chains, investors are now looking at infrastructure with fresh enthusiasm. BlackRock’s new ETF seeks to provide investors with diversified and agile exposure to this high-potential space.
