UK Stewardship Code
Under Rule 2.2.3R of the Financial Conduct Authority's ("FCA") Conduct of Business Sourcebook, Doxa Partners LLP (“Doxa”) is required to disclose 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, to explain its alternative investment strategy.
The Code is a voluntary code, which aims to enhance the quality of engagement between asset owners/asset managers and listed companies in the UK, to help improve long-term risk-adjusted returns to shareholders and the efficient exercise of governance responsibilities.
Does does not make any formal commitment of compliance with the Code as it feels disproportionate to our business model. Nevertheless, Doxa's investment approach and Ethos is such that we are generally supportive of the spirit and aims of good stewardship as contained within the Code.
This Statement is reviewed annually and updated where necessary to reflect changes in circumstances and actual practice. Should Doxa's position change we will review our commitment to the Code and make appropriate disclosure at that time.