A few days before President Obama announced the awarding of $8 billion in grants to build high-speed railways in 31 states, Delaware Funds launched a new global infrastructure fund that stands to benefit from that government program—at least in the short-term.

The Delaware Macquarie Global Infrastructure Fund, introduced Tuesday, will invest in projects that own or operate hard assets, such as railroads, toll roads and pipelines, says Andrew Maple-Brown, the fund’s manager.

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