Investment philosophy

Global Listed Infrastructure 

Our investment philosophy is based on active bottom-up security selection that aims to balance value and quality.

We aim to exploit market inefficiences by targeting securities where the market underestimates the level and quality of sustainable free cash flows. The fund focuses on earning excess returns by integrating a rigorous stock selection process, leading to high conviction stock positions, with portfolio management risk controls.

We aim to invest in infrastructure and utility securities that control assets with monopolistic characteristics. These assets should have high barriers to entry, strong pricing power and predictable cash generation. We look for companies with sustainable business models and strong management execution.

The Fund's six step investment process