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Summary

The abrdn Global Infrastructure Fund outperformed its benchmark in the first quarter of 2026.

RWE benefited from the German stimulus bill, which provides funding for new generation, as well as the company's decision to cut renewable capital expenditure and return more capital to shareholders.

Cheniere Energy saw its shares rise strongly on a combination of a significant global supply shock after attacks on Qatar's Ras Laffan facility and a $10 billion share buyback programme.

International Container Terminal Services reported good quarterly results, showing annual percentage revenue growth in the mid-teens and margins close to all-time highs.

Crown Castle moved lower on news that Dish had defaulted on its obligations to the company, although Dish is only a low single-digit percentage of overall revenues.

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Fund performance

The abrdn Global Infrastructure Fund outperformed its benchmark in the first quarter of 2026.…