Fifth Third Bancorp (FITB) Wealth Unit Turns Bullish On Global Infrastructure

Fifth Third Bancorp (NYSE:FITB) subsidiary Fifth Third Wealth Advisors has shifted its chief investment view toward global infrastructure and real assets. The wealth unit's CIO outlined a new preference for infrastructure exposure as a key theme for ultra-high-net-worth client portfolios. The pivot positions Fifth Third's wealth arm around capital intensive projects such as transportation networks, utilities and digital infrastructure. The CIO's fresh push toward global infrastructure...