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问题如下：

Compared with direct investment in infrastructure, publicly traded infrastructure securities are characterized by:

选项：

A.

higher concentration risk.

B.

more-transparent governance.

C.

greater control over the infrastructure assets.

解释：

B is correct.

Publicly traded infrastructure securities, which include shares of companies, exchange-traded funds,and listed funds that invest in infrastructure, provide the benefits of transparent governance, liquidity, reasonable fees, market prices, and the ability to diversify across underlying assets. Direct investment in infrastructure involves a large capital investment in any single project, resulting in high concentration risks. Direct investment in infrastructure provides control over the assets and the opportunity to capture the assets’ full value.

对比于直接型的基建类投资，公开交易的基建类证券（publicly traded infrastructure securities）类似于REITs，投资者投资的是交易的份额，而不是直接去购买基建资产，因此分散化会更好，不会有集中度过高的问题，所以A不正确；同时因为证券化的过程相当于将底层资产控制权分割，通过投资的公开交易的份额，对底层的基建资产控制力较弱，故C不正确；公开交易的基建类证券是公开交易流通的，监管会要求较好的数据披露，所以B正确。