About Ardea IM
Established in 2008, Ardea Investment Management (Ardea IM) is a specialist ‘relative value’ fixed income investment manager. Ardea IM's differentiated pure ‘relative value’ investing approach offers a compelling alternative to conventional fixed-income investments because it is independent of the prevailing interest rate environment and how bond markets are performing.
Ardea IM believes the pure ‘relative value’ opportunity set is a proven reliable source of returns because it is driven by structural market inefficiencies that create new ‘relative value’ mispricing opportunities to profit from. Ardea IM focuses on delivering consistent volatility-controlled returns in order to strictly limit performance volatility and prioritise capital preservation, irrespective of the market environment.
Ardea IM focus is on volatility-controlled alpha delivered though relative value income strategies in the fixed income space. Portfolios are constructed to take advantage of particular inefficiencies through innovative ideas which maintain market beta but add alpha. These inefficiencies result from:
- Supply and demand factors driven by market participation
- Fundamental inefficiencies arising from market valuations which are inconsistent with economic fundamentals
- Technical inefficiencies where assets or instruments with the same or similar risk characteristics are not priced consistently
Ardea IM has a proprietary set of risk management systems and processes that allow detailed assessment of the relative risks and value of these various assets, while a qualitative overlay ensures that trades bring the intended risk and return to the portfolio.
Ardea IM evaluates and integrates Sustainability Risks and other relevant ESG factors at multiple stages throughout the investment process. This is considered an important element in contributing towards long-term investment returns and an effective risk-mitigation technique. Ardea IM believes its ESG-related research capabilities enables the identification of ESG risks and opportunities of most relevance to the strategy. Beyond mitigating ESG risks, Ardea IM promotes environmental characteristics via a number of initiatives including; a policy which preferences green bonds over “brown bonds”, engagement activities which promote the development of a green and impact bond market, and raising awareness through the publication and promotion of academically published research which measures the climate transition risks the global government bond markets are exposed to. Ardea IM has three pillars which form the foundation of our ESG policy: research, integration and engagement.
Ardea Investment Management's high quality team is made up of individuals with varied backgrounds, capturing the balance, breadth and resources of a large investment house while retaining the investment focus and agility of a boutique. To view the full team, please visit ardea.com.au.
Contact Ardea IM
1300 721 637 (Within Australia)
+612 8023 5428 (Outside of Australia)
1300 721 637
Head of Client Management
Ardea Investment Management
+61 423 847 936