LocalTapiola Asset Management's portfolio managers do not take own positions for our own accounts. Hence we only make investment decisions in order to benefit our clients. We have a written policy that determines the equal treatment of clients.
At companies' annual meetings, we may vote on behalf of clients if requested to do so. However, if our client wants to raise an issue that is contrary to our view, we ask the client to proceed in the matter on their own accord.
Local Asset Management's operations are conducted separately from the rest of the insurance group. Our company's board is aware of and oversees any board memberships by the staff. In case of conflicts of interest, a person in question will recuse him or herself regarding the company in question.