Our global investment policy states that all investment decisions are entrusted to third party asset managers who are contractually bound to divulge conflicts of interest, that asset valuations are delegated to our fund administrator and that our proxy voting is done through a third party provider according to structured guidelines assures a fairly reliable structure in terms of conflicts of interest management.
NEW feature: On top of that, in 2017, our Board adopted a Code of Ethics that binds all directors and staff. The Code puts in place processes aimed at preventing such conflicts through transparency measures. For example, any staff is subject to mandatory declaration of all gift, gratuity or any likewise offer. This is done in order to prevent undue influence over employees who for instance, may be involved in the asset manager selection, appointment and monitoring processes.