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Modern Slavery Transparency Statement

Introduction

This statement is made pursuant to Section 54, Part 6 of the Modern Slavery Act 2015 (the “Act”) and constitutes the slavery and human trafficking statement (“Statement”) for Methodology Asset Management (UK) LLP (“MAM”). As a matter of good practice, this statement also covers Methodology Capital Management (UK) Ltd.

Organisation Structure

Methodology Asset Management (UK) LLP is a limited liability partnership incorporated in England and Wales and regulated in the United Kingdom by the Financial Conduct Authority. Its sole business is investment management. Methodology Capital Management (UK) Ltd provides certain services to MAM.

Policies on Modern Slavery

MAM’s anti‐slavery policy reflects its commitment to acting ethically and with integrity in all of its business relationships and to implementing and enforcing effective systems and controls to ensure slavery and human trafficking practices are not taking place anywhere in its business or supply chains. MAM will take appropriate and reasonable measures to minimise such risks, taking into account the nature of services with which it is being provided. This Statement will be reviewed annually and updated where necessary to reflect changes in circumstances and actual practice.

Approach to Avoid Slavery and Human Trafficking

MAM administers a suitable risk‐based approach to minimise the risk of slave labour. As a provider of investment management and advisory services, MAM does not have a particularly long or complex supply chain ‐ the key suppliers are providing administration and middle and/or back office support services. MAM is nevertheless committed to preventing acts of modern slavery and human trafficking from occurring within both MAM’s business and its supply chain. The relative risk exposure to slavery, human trafficking and forced labour is low, given the nature of the business, and the skillset required; i.e. mainly relatively highly skilled labour. Nevertheless, as a general principal, MAM endeavours to deal only with suppliers who conduct their business in a lawful and ethical manner, including adopting business practices that prevent or eliminate modern slavery and human trafficking.

As part of MAM’s initiative to identify and mitigate risk in connection with its business and/or supply chains MAM endeavours to:

  1. identify and assess potential risk areas;
  2. mitigate the risk of slavery and human trafficking occurring in our business; and
  3. monitor potential risk areas.

Training and Monitoring

Relevant training is provided, as deemed appropriate, to MAM’s staff, to ensure an appropriate level of understanding of the risks of modern slavery and human trafficking. MAM is committed to reviewing its processes on an ongoing basis. This statement is made pursuant to section 54(1) of the Act and constitutes MAM’s slavery and human trafficking statement for the end of financial year 2018.

 

Authorized signatories

Alexis Bonnet
Partner
Methodology Asset Management (UK) LLP

Marko Lehtimaki
Director
Methodology Capital Management LLP

 

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