Pillar 3 Disclosure
The Pillar 3 disclosure of Fair Oaks Capital Ltd (“ Fair Oaks”) is set out below as required by the Financial Conduct Authority’s (“FCA”) Prudential Sourcebook for Banks, Building Societies and Investment Firms (“BIPRU”), specifically BIPRU 11. The regulatory aim of the disclosure is to improve market discipline.
Commitment to the UK Stewardship Code
Under Rule 2.2.3R of the Financial Conduct Authority’s (“FCA”) Conduct of Business Sourcebook, Fair Oaks Capital Ltd (“Fair Oaks” or the “Firm”), to the extent it is managing investments for a professional client (as defined by the FCA), is required to include 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, explain its considered choice based on the Firm’s investment approach.
Please note telephone conversations with Fair Oaks Capital Limited and Fair Oaks Capital US LP may be recorded.