Private Wealth Management
In providing advice and private wealth management, we consider the tax status of the client. Thus, for private holding companies, we select securities that minimize the tax impact of provincial capital taxes.
Capital preservation is achieved through the active management of a portfolio’s duration in accordance with our anticipations of interest rate movements and through the selection of investment-grade bonds issued by firms that are active in non-cyclical sectors of the economy.
Active Duration Fixed Income
Addenda Capital has extensive experience in active management of Canadian bond portfolios. Our investment philosophy in this area is based on a dynamic management style and interest rate anticipation. Our rigorous, disciplined approach astutely balances active duration management, yield curve management, spread management and individual security selection. Duration management remains our core value-creation strategy. We offer a spectrum of services tailored to each client’s specific needs and objectives, including:
Universe
Long term
Ultra long term – targetted duration
Government
Short Term
Multi-Strategy
Global Bonds
Core Fixed Income
Addenda Capital’s core fixed income style applies multiple investment strategies to the management of bonds. Based on economic and market forecasts derived from our top-down approach, the team employs a wide range of investment strategies to manage bond portfolios, such as interest rate anticipation, yield curve management, trading among sectors, individual security selection and credit analysis, in order to moderate risk and enhance portfolio returns.
Universe
Long Term
Corporate
Bonds - Liability Driven Investments
Addenda has years of experience in devising customized liability driven investment solutions for clients. A wide spectrum of customized strategies have been successfully implemented to provide clients with an optimal balance between risk mitigation and potential for value added.
Equity
Globalization of equity markets has broadened investors’ horizons and presented equity portfolio managers with new challenges and opportunities. Addenda Capital analyzes security and industry fundamentals across North America. Addenda Capital applies an active blended approach to the management of Canadian equities. Top-down sector emphasis recommended by the North American research team is combined with bottom-up stock selection.
Canadian Equity
U.S. Equity
Balanced Mandates
Addenda Capital believes that investing is an active, dynamic process. By predicting changing market influences and sentiment, Addenda Capital actively positions and manages its balanced portfolios to benefit from current and future trends. Addenda Capital’s portfolio managers, specialized by asset class, participate in the asset mix decisions.
Mortgages
Mortgages are an asset class that can be an important component of a cautiously managed portfolio. Mortgages add diversification to fixed income portfolios and deliver stable returns. Skillful experienced underwriting and rigorous attention to loan administration throughout the lending cycle are key elements to managing a well diversified low-risk commercial mortgage portfolio.
Alternative Strategies
For investors seeking alternative asset management strategies, Addenda Capital works to develop innovative investment approaches and strategies designed to meet clients’ expressed needs.
Currency hedging
Overlay strategies