Pensato Capital

Commitment to the UK Stewardship Code

Under Rule 2.2.3R of the FCA's Conduct of Business Sourcebook, Pensato Capital LLP (the "Firm") is required 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.

The Firm pursues a strategy that involves it investing in equities in a variety of jurisdictions principally across Europe, including the UK. The Code is therefore relevant to some aspects of the Firm's trading. However, while the Firm generally supports the objectives that underlie the Code, the Firm has chosen not to 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 relating to any individual jurisdiction.

For further details on any of the above information, please contact:
Paul McLernon, Chief Operating Officer, Pensato Capital LLP
Paul.mclernon@pensatocapital.com
August 2016

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