Over the last 30 years, railroads have evolved from heavily regulated businesses with returns at or below their cost of capital into lightly regulated and capital-efficient networks distinguished by infrastructure that is difficult to replicate.
At Duff & Phelps we pursue a limited number of specialized investment strategies with exceptional depth of resources, expertise and intellectual rigor. In this way, we leverage the substance, perspective and culture of a respected fundamental research boutique to meet the needs and enhance the outcomes for our clients.
Since our founding the Firm’s boutique structure has facilitated specialization of strategies for institutional clients unique needs and outcomes.
Our specialized strategies are also available on managed account platforms to accommodate clients’ needs for transparency and customization.
As one of the affiliated investment managers within Virtus Investment Partners, our strategies are offered via open-end mutual funds.
In addition to managing institutional products, Duff & Phelps has over two decades experience managing closed-end funds for individual investors.
Over the last 30 years, railroads have evolved from heavily regulated businesses with returns at or below their cost of capital into lightly regulated and capital-efficient networks distinguished by infrastructure that is difficult to replicate.
In our 2026 outlook, we see U.S. markets starting strong with Fed support and fiscal stimulus, though volatility and inflation may weigh later. We believe listed real assets are poised to benefit from solid fundamentals, global reach, and AI-driven demand.
We are honored to be named a Best Place to Work in Money Management by Pensions and Investments for 2025.
Our boutique structure is designed to focus resources on our specialized active investment strategies, and to meet the needs of institutional investors for consistent results, pro-active communication, and transparency.
Our approach has benefited the institutional clients we have worked with, which include: public funds, foundations & endowments, corporations, municipalities, multi-employer plans, nuclear decommissioning trusts, and sub-advisory.
The investment management industry, including Duff & Phelps, has seen an increase in reports of fake websites and social media accounts impersonating firms and staff. These fraudsters use firm brands or names of representatives to try to scam and defraud others. The fraudsters impersonating Duff & Phelps are not authorized by Duff & Phelps and Duff & Phelps is not associated with accounts on social media and similar applications that request direct investments. Duff & Phelps does not offer direct investment opportunities to individuals through any social media platform.
Please be vigilant if you are contacted by someone you don’t know offering you an investment opportunity. You should always use caution if you receive an unsolicited investment proposal, requests for personal information or money transfers, or other solicitations. Duff & Phelps reserves the right to take all steps to protect its legal rights and reputation.
If you have been contacted and suspect fraud, please report it to Customer Support to the social media platform, and the appropriate authorities.
If you are the victim of a cyber related crime, you can file a complaint on the FBI’s Internet Crime Complaint Center (IC3) website.
More information on imposter investment scams can be found online at the SEC’s Investor.gov website.