AMP Capital Investors (UK) Limited (“AMPCI UK”, the “Firm”) is authorised and regulated by the Financial Conduct Authority (“FCA”). The Firm is required to comply with applicable FCA rules, including those in COBS 2.2.B transposing aspects of Article 3g of the Shareholder Rights Directive (SRD II) ((EU) 2017/828) (the “Article 3g Requirements”).
AMPCI UK is a full-scope UK AIFM.
AMP Capital Investors (UK) Limited’s approach to engagement
AMPCI UK believes firmly in the importance of effective stewardship and long-term decision making, involving transparency of engagement policies between institutional investors and the investee companies.
AMPCI UK seeks to enrich and preserve investor assets by providing high quality investment management services to its investors. AMPCI UK’s engagement with issuers on behalf of its investors facilitates the responsible allocation and management of capital consistent with its funds’ investment objectives. Engagement activities may include, amongst other things, monitoring companies, assets and service providers, engaging companies and holding them to account on material issues and cooperating with other stakeholders.
Environmental, Social and Governance (ESG) Matters
AMPCI UK believes there is value in investing in corporations that have demonstrated a sustainable framework for dealing with ESG matters. AMPCI UK recognises that ESG related issues are an increasingly critical factor in understanding global economies and has an ESG and Responsible Investment Philosophy available here and produces an annual PRI Transparency report. The most recent copy of the report is available at https://www.unpri.org/signatories/amp-capital-investors/857.article?csid=973634446.
Where AMPCI UK manages accounts which include shares with a listing on an EEA market or on a comparable market outside the EEA, the level of shareholder engagement will depend on a number of factors. While AMPCI UK may, in limited circumstances, actively engage with management on strategy, financial and non-financial performance and risk, capital structure, corporate governance or other issues, usually the level of AMPCI UK’s shareholder engagement is limited to the responsible exercise of voting rights in accordance with AMP Capital’s Proxy Voting Policy.
AMPCI UK funds which include holdings in shares typically:
i. hold an insignificant shareholding in relation to the portfolio; or
ii. hold an insignificant holding of the issuer’s outstanding shares.
While AMPCI UK generally supports the objectives that underlie SRD II, for the above reasons the Firm has chosen not to produce an engagement policy at this time.
This statement will be reviewed annually and, if applicable, updated to reflect changes in circumstances and practice.
AMP Capital Investors (UK) Limited is authorised and regulated by the UK Financial Conduct Authority. Registered Office at Companies House, 6th Floor Berkeley Square House, Berkeley Square, London W1J 6BZ (no. 05524536). While every care has been taken in the preparation of this information contained in this website, neither AMP Capital Investors (UK) Limited nor any member of the AMP Capital and AMP Groups make any representation or warranty as to the accuracy or completeness of any statement in it including without limitation, any forecasts. This content has been prepared for the purpose of providing general information only, without taking account of any particular investor’s objectives, financial situation or needs. Investors should, before making any investment decisions, consider the appropriateness of the information on this website, and seek professional advice, having regard to their objectives, financial situation and needs. All information on this website is subject to change without notice.