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  5. BIPC: Any reason for the relentless sell down of the BIPC. [Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares]
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Q: Any reason for the relentless sell down of the BIPC.UN/BIPC combo today (and of late as well)? Looks like some fund is either accumulating, or making a play for this Brookfield unit. You opinion?
Asked by Victor on October 03, 2023
5i Research Answer:

We see no news, and its decline is not really any worse than many in the sector. We would think that at current levels it is more likely to be a buyer of new assets than a seller of the company. 

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