Brookfield Infrastructure LP (BIP-N)

Loves the infrastructure space, long-lived assets. Recycles capital extremely well, particularly into data centres. Still one of the largest positions in his US dividend portfolio. Higher rates have impacted the multiple, so a good time to buy. He's adding.

Owns shares for the dividend yield.
Strong dividend yield.
Stable assets. 
Legacy assets hard to build. 

Current share price presenting good buying opportunity.
Last quarter performed very well.
Dividend distributions growing strong.
Current share price presenting good buying opportunity.
Inflation linked dividend. 

They own Brookfield Infrastructure. The infrastructure stock has better valuation than the renewable energy fund. Brookfield renewable also faces too much money going into the sector.

(A Top Pick July 13/15. Up 22.8%.) Bought this because it had a good management team. They are canny investors. It has a very attractive income level. Has been growing its distribution at reasonable prices. He likes their geographic diversification. They’re increasingly being well respected globally as a smart allocator of capital, so are increasingly able to do larger and larger transactions.

(A Top Pick April 21/15. Down 0.92%.) Took a real dive when people became concerned about global growth prospects for their infrastructure plays. It has been very well run. Has a very attractive yield, sustainable and well financed. Still a Buy.

They own rails, storage, toll roads and ports internationally. Nice, steady cash flow type businesses. In Europe, South America and expanding into Eurasia Australia. Very, very well-run company. Dividend growth over the last 5 years has been about 22%. Yield of 4.77%.