Stewardship Code

The UK Stewardship Code (“The Code”) was first published in July 2010, revised in September 2012 and January 2020. It promotes effective stewardship in the UK setting out good practice for institutional investors and asset managers. Stewardship activities include monitoring assets and service providers, engaging issuers and holding them to account on material issues, and publicly reporting on the outcomes of these activities.

Thornbridge Investment Management LLP fully supports and follows the objectives of the Code, although considers that it is not necessary for the Firm to be a signatory at this time. This decision is kept under review and should circumstances necessitate we will update our website to announce a change.

 

Shareholder Rights Directive II Disclosure

The FCA has published the requirements in relation to the Shareholder Rights Directive II (“SRD II”) in SYSC 3.4 of the FCA Handbook.

The objective of the SRD II is to encourage long-term shareholder engagement with investee companies regarding performance on strategy, governance, environmental and social issues. Firms like Thornbridge must either develop an engagement policy and publish it on the firm’s website or publish a statement explaining why it has chosen not to.

Thornbridge fully endorse the objectives of SRD II. However, it has decided that it is not in the best interests of its clients to develop an engagement policy at this time.