The Globe and Mail reports in its Tuesday edition that there are few asset classes as important to the economy as infrastructure, which has become somewhat of a catch-all term used to describe assets that move people, data, energy or commodities. The Globe's Jamie Sturgeon writes that investors, including the world's largest pension funds and asset managers, have long looked to toll roads, airports, railways, commercial shipping and electrical systems to guard against inflation, diversify holdings and produce often-predictable cash flows. These days, investors of all sizes can participate. Capital is pouring into new assets expected to be economic drivers for the foreseeable future such as renewable energy, fibre networks and data centres. "We've been increasing our allocation," says Martin Pelletier at TriVest Wealth Counsel in Calgary. He sees long-term interest rates heading lower, and infrastructure might be the best bet for the long haul. He thinks Brookfield Infrastructure Partners LP is relatively undervalued: "You're getting a 5.5-per-cent dividend that's sustainable, in our opinion, and getting growth beyond that. And we're heading into an environment in which interest rates are coming back down again."