Infrastructure Bonds

Top Reasons for Choosing Addenda Capital to Manage your Infrastructure Bonds

• We invest in high-quality infrastructure, energy-infrastructure and related debt issuers supported by well-defined regulation, sound legal structure or assets seeking to provide predictable, sustainable and steady cash flows.
• We conduct fundamental analysis and research opportunities thoroughly, drawing from multiple sources of information both internally and externally.
• We lever the team’s experience and insight into trading, issuance and developments within the marketplace.
• We manage within a strong risk framework therefore avoiding companies with deteriorating credit metrics.
• ESG analysis adds a level of consciousness to the investment process that enhances risk mitigation and long term value creation in our portfolios.

We believe that:

• Infrastructure bonds and similar debt securities have the potential to deliver superior returns relative to government securities in the long term.
• A fundamentally driven approach based on active management with a broad credit-specific research delivers a consistent stream of added value over time.

Our Infrastructure Bond investment approach involves in-depth security analysis and risk assessment. Our process entails:

• A rigorous and disciplined bottom-up analysis, using our proprietary models, drives the selection of most attractive securities in terms of valuation.
• A continuous risk management process fed by proprietary and external resources, allows us to monitor overall portfolio risk, liquidity and credit quality. 
• Extensive top-down macroeconomic and industry analysis that allows us to position the portfolio according to the outlook for credit fundamentals.