Columbia Threadneedle manages investments for institutions, pension funds, sovereign wealth funds and endowments & foundations. Together, they entrust us with £531bn*.
Global Reach: Our reach is expansive, with a global team of 2,500 people working together. Our expertise is diverse with more than 650 investment professionals sharing global perspectives across all major asset classes and markets.
Research Intensity: Behind every investment, you’ll find intense research powered by over 200 investment professionals, who are dedicated to finding original, actionable insights that are shared and debated with our portfolio managers.
Forward-looking: Our independent Investment Consultancy & Oversight team ensures the integrity of an investment strategy. The team works in partnership with our portfolio managers to foster continuous improvement.
To all our clients, we have one message: your success is our priority
* Source: Columbia Threadneedle Investments and BMO GAM (EMEA) as of 31 March, 2022
Our vision and beliefs
The Fund’s investment strategy is to buy and hold a diverse range of European, mid-market infrastructure assets with the aim of providing consistent and sustainable risk-adjusted total returns comprising a significant inflation-linked yield across economic cycles. Geographic focus is on European OECD countries. Key sectors include energy, utilities, transportation, social, telecommunications, and digital.
At the heart of our investment philosophy and portfolio construction are the proprietary infrastructure investment and portfolio construction framework built around three core elements: Operational, Macro, Sustainability (OMS) and integrated into each step of the investment process.
O: Operational levers and active asset management to ensure the assets we invest in continue to grow over time, working closely with management teams to protect capital and unlock latent value
M: Dynamic portfolio construction to build diversification across key macroeconomic variables and control performance volatility through economic cycles.
S: Sustainability integration and engagement to ensure our assets are well-governed and positioned to both manage the risks and challenges inherent in long-term infrastructure investments and create positive impact.
Investment process and research
The Fund’s investment strategy is underpinned by its proprietary infrastructure investment and portfolio construction framework, OMS, developed in recognition of the fact that infrastructure is a diverse asset class with a wide variety of underlying individual investment characteristics that need to be systematically considered. It forms the basis of the Fund’s investment selection, decision-making and post-acquisition asset management and is integrated at each stage of a typical investment process.
The primary objective in developing and adopting the OMS approach, was to facilitate an investment style that achieves key portfolio characteristics typically sought by investors: low correlation to broader economic cycles, positive correlation with inflation, strong capital preservation and consistent, non-cyclical risk-adjusted returns including a significant yield component.
We follow a systematic approach to portfolio construction and diversification, which we believe enables us to deliver consistent total returns and recurrent yields in accordance with the Fund objectives.
Our sustainability focus brings additional asset selection considerations in the sense that each asset has to bring a positive environmental and/or social contribution, and there are certain restrictions based on ESG grounds.
Important Information
For Professional Investors only.
The Columbia Threadneedle European Sustainable Infrastructure Fund (the “Fund”) is not subject to the regulatory oversight of the Commission de Surveillance du Secteur Financier (the “CSSF”), the Luxembourg supervisory authority of the financial sector.
The Fund is expected to consist of at least the following vehicles: (i) Columbia Threadneedle ESIF Master Vehicle SCSp, a Luxembourg special limited partnership (société en commandite spéciale) (the “Master Fund”); and (ii) certain feeder funds, each of which is expected to be established as a Luxembourg special limited partnership (société en commandite spéciale) (each a “Feeder Fund” and together, the “Feeder Funds”). Only limited partnership interests in the Feeder Fund(s) (“Interests”) are being marketed to Prospective Investors.
This Fund is an alternative investment fund for the purpose of the European Union Alternative Investment Fund Managers Directive (Directive 2011/61/EU) (the “AIFMD”). Threadneedle Management Luxembourg S.A is the alternative investment fund manager (“AIFM”) of the Fund.
In the European Economic Area (EEA): the Fund may only be marketed to prospective investors which are domiciled or have a registered office in the jurisdictions in respect of which AIFMD marketing rights have been exercised by the AIFM under Article 31 or Article 32 of AIFMD and in such cases only to persons which are Professional Investors. This document is not intended for, should not be relied on by and should not be construed as an offer to any other person.
In the UK: notification has been made to the UK Financial Conduct Authority for the Fund to be marketed in the United Kingdom under the UK Alternative Investment Fund Managers Regulations 2013 (SI 2013/1773). The Fund is a collective investment scheme pursuant to Section 235 of the United Kingdom’s Financial Services and Markets Act 2000, as amended (“FSMA”). It has not been authorised, or otherwise recognised or approved, by the FCA and, as an unregulated scheme, it cannot be promoted in the United Kingdom to the general public. Prospective Investors are advised that all, or most, of the protections afforded by the United Kingdom regulatory system will not apply to an investment in the Fund and that compensation will not be available under the United Kingdom Financial Services Compensation Scheme.
This document and its contents are confidential and proprietary. This document is not investment, legal, tax, or accounting advice. Investors should consult with their own professional advisors for advice on any investment, legal, tax, or accounting issues relating an investment with Columbia Threadneedle Investments.
The analysis included in this document has been produced by Columbia Threadneedle Investments for its own investment management activities, may have been acted upon prior to publication and is made available here incidentally. Any opinions expressed are made as at the date of publication but are subject to change without notice and should not be seen as investment advice. Information obtained from external sources is believed to be reliable but its accuracy or completeness cannot be guaranteed.
In the UK issued by Threadneedle Asset Management Limited. Registered in England and Wales, Registered No. 573204, Cannon Place, 78 Cannon Street, London EC4N 6AG, United Kingdom. Authorised and regulated in the UK by the Financial Conduct Authority
Issued by Threadneedle Management Luxembourg S.A. Registered with the Registre de Commerce et des Sociétés (Luxembourg), Registered No. B 110242, 44, rue de la Vallée, L-2661 Luxembourg, Grand Duchy of Luxembourg.
Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies.
