Stewardship Code Statement

2012 STEWARDSHIP CODE STATEMENT

Version control: 02.12.2019

1. Stewardship Code Statement

The principles of the UK Stewardship Code (the Code) are:

Principle 1: Institutional investors should publicly disclose their policy on how they will discharge their stewardship responsibilities.

Principle 2: Institutional investors should have a robust policy on managing conflicts of interest in relation to stewardship and this policy should be publicly disclosed.

Principle 3: Institutional investors should monitor their investee companies.

Principle 4: Institutional investors should establish clear guidelines on when and how they will escalate their activities as a method of protecting and enhancing shareholder value.

Principle 5: Institutional investors should be willing to act collectively with other investors where appropriate.

Principle 6: Institutional investors should have a clear policy on voting and disclosure of voting activity.

Principle 7: Institutional investors should report periodically on their stewardship and voting activities.

 2. Statement of Commitment

Sturgeon Ventures LLP (the “Firm”) pursues a multi-strategy approach to investing that involves investing from time to time in global equities, including UK equities. The Code is therefore relevant to some aspects of the Firm’s trading. The Firm supports the objectives that underlie the Code; the Firm has chosen to commit to the Code. The Firm invests in a variety of asset classes and a variety of jurisdictions globally, not all the funds will have relevance to the code but those that do, will support it.

The trading strategies of the Firm in relation to engagement with issuers and their management are determined per the portfolio manager of each fund and in some cases investment committees. A number of investments at this time are on a quantitative or systematic model and traded on a short term basis as part of a trading strategy; such investments will not be subject to the code.

For the funds managed by some of our portfolio managers which do hold longer term equity positions in the United Kingdom, these funds will partake in shareholder meetings and therefore will therefore be in meetings which may influence the management of the companies.

 

Sturgeon’s Easter Message

The Easter egg is normally a symbol of new life, creativity, change and hope.  We think of our clients and community as part of the Sturgeon Family. (more…)

Shortlisted as one of three finalists for The Lifetime Achievement for Contribution to the Compliance Community at The Women in Compliance Awards

Shortlisted as one of three finalists for The Lifetime Achievement for Contribution to the Compliance Community at The Women in Compliance Awards

(more…)

Agile working at Sturgeon Ventures

Sturgeon Ventures share their top tips for agile working

Sturgeon Ventures have championed agile working and remote working since their inception in 1998. Over the past couple of weeks, we haven't been holding our team meetings on a Wednesday,

Sturgeon Ventures Brexit Updates

Brexit Update w/c 23/3/20

Read on for this week's Brexit Update. (more…)

Spring’s Arrival – Good News

At a time of confusion and unprecedented situations, it’s good news to know that Spring starts earlier than usual on Friday 20th March (normally 21st March) first time in 124

Seonaid speaks at Southborough School

Seonaid speaks at Southborough High School

Seonaid spent the morning of 14th February at  Southborough High School talking to a group of Year 10 and 12 students about working in the Financial Services industry and her

The Tech Nation Report 2020 – Good news for UK Tech Sector

The Tech Nation Report 2020 has been released and is a very encouraging read for inward investment into the UK’s Tech Sector returning for its sixth year. (more…)

Ted Talks – Bill Gates Insight on a Pandemic – 2015

Interesting Ted Talk from Bill Gates in 2015, following the Ebola outbreak in 2014, how this was managed and what needs to be done for planning, vaccine research and training