FCA Rules require Intermede Investment Partners Limited (the "Firm") to include on this website a disclosure about the nature of its commitment to the UK Financial Reporting Council's Stewardship Code (the "Code") or, where it does not commit to the Code, its alternative investment strategy. The Code is a voluntary code and sets out a number of principles relating to engagement by investors with UK equity issuers. Investors that commit to the Code can either comply with it in full or choose not to comply with aspects of the Code, in which case they are required to explain their non-compliance.
The Firm pursues a long-only, buy and hold strategy that focusses on investing in global equities, including UK equities, on behalf of clients. The Code is therefore relevant to some aspects of the Firm's investment activity. While the Firm generally supports the objectives that underlie the Code, the Firm has chosen not to fully commit to the Code. The Firm takes a consistent approach to engagement with issuers and their management in all of the jurisdictions in which it invests and, consequently, does not consider it appropriate to commit to any particular voluntary code of practice, including in relation to corporate governance, relating to any particular jurisdiction.