The world has changed, but the goals of our clients have not.
In today's markets, investors want growth and stable returns, new opportunities, access to forward-thinking expertise in fixed income, public equities, and increasingly – alternative investments.
Colin: "What alternative investments do, be they Private Credit or Real Assets, is broaden the opportunity set for diversification, reduce the volatility of your portfolio and can also provide compelling absolute returns with interesting growth characteristics to them over long economic cycles.
On the equity side, Real estate and Infrastructure are important for portfolios because you're introducing a private investment asset class that is less susceptible to the volatility of the daily activities of public markets.
It's about the aggregation of assets and companies that have long-term contracts backing them, such as paying rent via a lease, that provide income that's predictable, and these income streams can grow over time."
That includes identifying assets that have potential to be reimagined and repositioned in the market.
Colin: "A great example of this is Rabbalshede Kraft within our Infrastructure portfolio, a pan-European renewable energy platform of on-shore wind farms spread primarily across Scandinavia. This is a platform within which we've seen tremendous growth since acquisition in early 2017 – and within which the runway for growth remains tremendous.
We've grown the operating platform for Rabbalshede Kraft by nearly 70%. We bought 8 projects, operating representing 190 megawatts and have added 5 more to create in 13 total, representing 317 megawatts of production."
And real estate, whether it be office, industrial, retail, or residential, is a key part of TD Asset Management's alternative strategy.
North of the financial district, a prime example in TD Asset Management's real estate portfolio. Office towers on all four corners of the intersection at Yonge and St. Clair.
Andrew: "Our investment is about 1.2 million square feet of commercial space. Those investments give us significant scale to work with office tenants and ensure that we can keep the buildings full."
Across the county in Vancouver, British Columbia, Telus Garden. A 500,000 square foot office complex located in the downtown core. It's considered one of the most sustainable developments in North America.
Andrew: We see a very high quality office building that has reliable income streams over a long period of time. Very strong tenancies in one of the strongest office markets in North America.
So strong, Telus Garden boats a lease rate of 99%
In Edmonton, Alberta, we find Border Business Park, 500 acres of industrial land a prime location for logistics and distribution development.
Andrew: " We're successful in winning a bid to construct a brand new one million square foot Amazon distribution center. It really is an interesting way to incubate or introduce a new income stream for our real estate portfolio."
Hundreds of properties, millions of square feet of diverse holdings make up TD Asset Management's real estate portfolio.
A portfolio that reaches from St John's Newfoundland, to Victoria, British Columbia.
A portfolio that focuses on market trends like urbanization, transit, e-commerce, logistics and changing demographics.
One that also reflects the environmental and social investment values of TD Asset Management.
Portfolio assets that have dependable, long-term leaseholders and a strategy that creates a deep ecosystem of established core assets while building for future growth through value add and opportunity holdings.
Colin: "These assets are irreplaceable. They are very rarely bought or sold, and they provide compelling income growth solutions for our clients moving forward. At TD Asset Management, we've been investing in alternative investments for decades. The people associated with this process are passionate about what we're doing and are all about serving our clients' needs."
Expect more.
More innovation, more growth, more access to unique opportunities with TD Asset Management.
DISCLAIMER:
本文所含信息由道明资产管理有限公司提供，仅供参考。信息出自我们认为可靠的来源。图表仅供解说之用，并不反映任何投资的未来价值或未来表现。本信息并未提供财务、法律、税务或投资建议。具体的投资、税款或交易策略应根据每位投资者的目标和风险承受能力加以评估。
本文档中的部分陈述可能包含预测性的前瞻性陈述（“FLS”），其中包含“预计”、“预期”、“打算”、“认为”、“估计”和类似的前瞻性表述或其否定形式。前瞻性陈述基于当前对未来普遍的经济、政治、相关市场因素（例如利率和汇率、股票和资本市场）以及普遍经营环境的预计和预测，并假定不发生税法或其他法律或政府管制方面的任何变动或灾难事件。对于未来事件的预计和预测本身受无法预见的风险和不确定性的影响。此等预计和预测可能在未来并不准确。前瞻性陈述并非对未来表现的保证。实际发生的事件可能与前瞻性陈述明示或暗示的事件存在实质差异。包括上文所述各项因素在内的多个重要因素均可能造成这种背离。您不应在任何程度上依赖于前瞻性陈述。
The TDAM Real Estate Portfolio is comprised of real estate holdings held across funds and client accounts for which TDAM acts as investment manager and agent. TDAM does not own any real estate assets directly. Core is a risk strategy classification for properties within TDAM's Real Estate portfolio which are income producing with no major capital expenditure required.
道明资产管理有限公司 (TD Asset Management Inc.) 是道明银行 (The Toronto-Dominion Bank) 的全资拥有附属机构。
