Our approach to investing in private markets
PH&N Institutional has long been committed to the investment success of our clients. We combine a relentless pursuit of strong investment performance across a broad range of asset classes with thoughtful investment ideas and advice to help clients build resilient portfolios that are aligned with their long-term goals.
Private market asset classes such as real estate, infrastructure, and commercial mortgages offer a diverse range of domestic and international investment opportunities, with varying return and risk characteristics. By focusing on high-quality investment opportunities available within these asset classes, our flagship private market strategies are designed to provide investors with the building blocks to establish a long-term foundation for their investment portfolios, alongside traditional fixed income and equity investments. Our investment philosophy is guided by the following core principles:
Focus on core markets
Diversified portfolios of high-quality investments located in core markets deliver stable yields in our fixed income portfolios, and provide growing current income and long-term capital appreciation potential in our equity investments. In a global context, developed markets offer stable regulatory regimes that are conducive to investing in long-term real assets.
Responsible ownership
Active and engaged ownership is a critical aspect of our investment approach. We maintain constructive relationships across various stakeholders (e.g., property owners, tenants, regulators, customers, employees) and focus on long-term value creation with the goal of generating superior riskadjusted returns for our investors.
Partnerships
Combining resources with strategic partners that bring complementary expertise in specific geographies and sectors creates advantage in accessing and managing the high-quality investments opportunities we seek for our portfolios.
Liquidity management
Maintaining diversified sources of liquidity and balance sheet strength is central to the way we manage all of our strategies.
Geographic focus
It is our view that the core Canadian real estate market provides an investable universe that is large and liquid enough to support high-performing and diverse mortgage and real estate portfolios while eliminating foreign tax and currency risk. This view is complemented by an infrastructure program that is globally diverse, primarily focused on developed markets outside of Canada.
Open-ended fund structures
All our strategies are offered through open-ended fund structures that allow investors to maintain long-term allocations to these fundamental elements of their investment portfolios.
