Volta Finance Ltd (LON: VTAS) is the topic of conversation when Hardman & Co analyst Mark Thomas joins DirectorsTalk. Mark explains what the company does, why he called his recent report ‘Investment opportunities at this point of the cycle’, how the company manages its portfolio and what he thinks sophisticated investors may find attractive about Volta.
Volta Finance investment objectives are to preserve capital across the credit cycle and to provide a stable stream of income to its shareholders through dividends. Volta seeks to attain its investment objectives predominantly through diversified investments in structured finance assets. The assets that the Company may invest in either directly or indirectly include, but are not limited to: corporate credits; sovereign and quasi-sovereign debt; residential mortgage loans; and, automobile loans. The Company’s approach to investment is through vehicles and arrangements that essentially provide leveraged exposure to portfolios of such underlying assets. The Company has appointed AXA Investment Managers Paris an investment management company with a division specialised in structured credit, for the investment management of all its assets.