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Nick Langley

Nick Langley

Managing Director, Head of Real Assets, Portfolio Manager
31 Years experience
20 Years at firm

"Due to the essential nature of infrastructure assets, demand is relatively stable, providing lower volatility than traditional equities."

Nick is a Portfolio Manager on all Global Infrastructure strategies and the Head of Real Assets at ClearBridge Investments. He joined the firm in 2006 and has 31 years of investment industry experience.

Nick was the Co-founder and a Senior Portfolio Manager at RARE Infrastructure Limited, which became part of ClearBridge in 2020. Prior to joining the firm, he was a Principal of the Infrastructure Funds Management team at AMP Capital, where he was also the Chief Financial Officer of DUET Group, an ASX-listed investment trust; Associate Director, Investment Banking at UBS; and a member of the Manager, Mergers and Acquisitions team at BZW/ABN AMRO.

Nick received a Bachelor of Commerce and Law from the University of Auckland.

Experience

  • 31 years of investment industry experience
  • Joined the firm in 2020
  • RARE Infrastructure Limited – Co-founder, Senior Portfolio Manager
  • AMP Capital – Principal of Infrastructure Funds Management
  • AMP Capital – Chief Financial Officer, DUET Group
  • UBS – Associate Director, Investment Banking
  • BZW/ABN AMRO – Manager, Mergers and Acquisitions Team
  • Bachelor of Commerce from the University of Auckland
  • Bachelor of Laws from the University of Auckland

Perspectives

  • 2026 Infrastructure Market Outlook
    We expect fiscal liquidity and dovish central bank policy in 2026 to pressure bond yields, which should support utilities and also drive growth on GDP-sensitive user-pays infrastructure.
  • Utilities, Toll Roads Drive Solid Quarter
    Global Infrastructure Value 4Q25: Western Europe was the top-contributing region to Strategy performance, where electric utilities and toll roads contributed strongly.
  • Lower Bond Yields to Add Tailwind for Infrastructure
    Global Infrastructure Income 4Q25: We expect a continued constructive policy environment in conjunction with further AI-related capacity additions to continue to support infrastructure investments.
  • AI, Reshoring Drive Power Demand
    Global Infrastructure Value 3Q25: Reshoring and AI-focused data centers are requiring significant buildout of energy infrastructure, in particular for U.S. electric and gas utilities.
  • Data Center Tailwinds Drive Steady Infrastructure Gains
    Global Infrastructure Income 3Q25: U.S. utilities, renewables and North American natural gas and pipelines performed well, benefiting from elevated demand for power to support AI-focused data centers.
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