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John Laing Infrastructure expects post-Brexit slowdown
Sept 12 (Reuters) - John Laing Infrastructure Fund Ltd (JLIF), one of Europe's largest listed infrastructurefunds, said it expects a slowdown in market activity due toBritain's vote to leave the European Union as investors assessthe ramifications.
JLIF said it expected to see some pressure on asset pricingas non-sterling-denominated investors try to take advantage of aweakened currency.
However, JLIF said it did not expect the market slowdown tolast long due to an oversupply of capital seeking investment inUK infrastructure at a time of a limited supply of projects.
(Reporting by Esha Vaish in Bengaluru; editing by Jason Neely)
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