Investment approachPrincipally a “buy and hold” investor we are seeking to develop long term relationships with the companies we invest in. Our experience has shown this to deliver benefits to both parties; investors have a solid identifiable investor to tap should they require additional capital and as investors good information flow allows us to quickly assess credit trends within the underlying business. This relationship philosophy extends to the agents who source transactions as it is only by maintaining a dialogue with them that we ensure our access to all European transactions that are brought to the market. We believe that over time private placements deliver enhanced returns for fixed income portfolios both through greater opportunities for diversification, as well as their superior structural benefits in comparison to traditional public bonds.
There are five steps to our investment approach:
Our investments in private placements have enabled fund managers at Prudential M&G to diversify their investment portfolios and since 1997, we have invested in a wide range of companies across a broad spectrum of industrial sectors. We offer flexibility in both maturity and currency with typical investments of €10m upwards in either sterling or euro and maturities ranging from 5-15 years or longer in certain circumstances. We do look at investing across the credit spectrum and are proactive in meeting with potential issuers at an early stage to assess mutual appetite.
If you are a potential issuer, investor or would just like to understand more about private placements please contact us.
Visit our pooled funds website to find out more about our range of fixed income pooled funds.
