VTAS Volta Finance (GBP)

Hardman & Co Research on Volta Finance Limited (VTAS): Insights from the Report and Accounts

Hardman & Co Research
Hardman & Co Research on Volta Finance Limited (VTAS): Insights from the Report and Accounts

24-Jan-2024 / 12:05 GMT/BST
The issuer is solely responsible for the content of this announcement.


Hardman & Co Research | Closed End Investments

Volta Finance Limited (VTAS) | Insights from the Report and Accounts

 

In this note, we review the key information and messages investors should take from the recent . In particular, we note the detailed explanations as to how Volta is delivering strong returns. This performance reflects the sound fundamentals of the CLO investment market and the value specifically added by the manager (reaffirming the issues we identified in our note, ). In terms of outlook, the expected relative resilience of the portfolio was also noted. By way of example, the CLO managers in which Volta invests, are expected to mitigate the impact of anticipated market-wide lower recoveries through investing in better-quality underlying assets.

 

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