Investment Objective
Electron invests in global utilities and infrastructure companies in U.S., Europe, Asia and Latin America. The strategy focuses on identifying and modelling the financial impacts of structural changes affecting the utilities and infrastructure sectors, believing that these developments offer the best opportunities for capturing alpha as they impact future earnings differently. While they employ a top down perspective on structural changes, all investments are based on their deep fundamental research of the companies affected by these changes. Electron will allocate capital dynamically to take advantage of the inefficiencies created by structural change. Ultimately, the fund’s investment objective is to seek to achieve an absolute return by investing primarily in equity and equity-related securities of companies active in the infrastructure and global utility sector.
Latest Meeting Note
Meeting 02 Feb 2023
We met with the Electron team at a conference to discuss current positioning and outlook. There is plenty of scope for mispricing across their universe given their sectoral/thematic focus (energy transition, infrastructure, utilities etc...
We met with the Electron team at a conference to discuss current positioning and outlook. There is plenty of scope for mispricing across their universe given their sectoral/thematic focus (energy transition, infrastructure, utilities etc. Have been generating good short alpha from the EV complex and expect this to continue.
Performance
| JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 0.5 | 0.9 | 0.8 | 0.4 | 0.8 | 0.3 | 0.1 | 0.2 | 0.5 | 0.2 | 0.7 | 0.4 | 1.0 | |
| 2022 | 0.3 | 0.8 | 0.8 | 0.2 | 0.8 | 0.0 | 0.5 | 0.5 | 0.2 | 0.7 | 0.9 | 0.5 | 0.4 |
