Momentum Global Investment Management (“MGIM”) forms part of Momentum Metropolitan Holdings Limited (MMH), a South African based financial services group that is listed on the Johannesburg Stock Exchange. MGIM offers multi-asset as well as single asset class investment solutions via European UCITS funds, Luxembourg SICAV-SIFs and Guernsey Incorporated Cell Companies. It also provides investment advisory services to institutional clients. MGIM is committed to responsible ownership of assets and stewardship, no matter how capital is invested.
The UK Stewardship Code 2020 (‘the Code’) is a voluntary set of principles that sets high stewardship standards for asset owners and asset managers, and for service providers that support them.
The Code consists of 12 Principles that apply to MGIM as an asset manager and cover the policies, processes, activities and outcomes of effective stewardship. MGIM fully supports and has chosen to adopt the principles set out in the Code.
The Principles are supported by reporting expectations which indicate the information that organisations should publicly report to become a signatory to the Code.
MGIM intends to be recognised by the FRC as a signatory to the Code. We will publish our first annual Stewardship Report demonstrating how we have applied all 12 principles in line with our financial year end of 30th June 2021. The Report will appear on our website as soon as possible after that date and will be updated annually.