Codes and standards
The Local Government Pension Scheme (LGPS) Advisory Board - Code of Transparency
We are one of the first investment managers to sign-up to the LGPS Advisory Board Code of Transparency. Signing up to the Code underlines our commitment to delivering transparent reporting of costs to assist administering authorities. We consulted with the Investment Association and Local Government Association on the template used for The Code to ensure that we can deliver what is required and that the information supplied is clear and consistent.
LGPS Advisory Board - Code of Transparency Letter
More information can be found on their website.
UK Money Market Code
We welcome the publication of the UK Money Markets Code. Published by the Bank of England, this provides the standards and best practice expected from participants in the deposit, repo and securities lending markets. It supersedes existing guidance for participants in these markets provided by the NIPs Code, the Gilt Repo Code and the Securities Borrowing and Lending Code.
FX Global Code
We are pleased to commit to the FX Global Code which replaces existing codes present in the FX market and provides a common set of guidelines to promote the integrity and effective functioning of the FX market. It is intended to promote a robust, fair, liquid, open and appropriately transparent market in which a diverse set of market participants are able to confidently and effectively transact at competitive prices that reflect available market information and in a manner that conforms to acceptable standards of behaviour. The Code will be maintained and updated by a new Global Foreign Exchange Committee.
Read more about the new Global Foreign Exchange Committee's code