Corporate Social Responsibility

Abbey Capital’s Corporate Social Responsibility (“CSR”) efforts include supporting a wide range of projects and sectors on an on-going basis.

Social Responsibility is important to us, we have long standing relationships with each of our CSR partners and have committed to them for the long term.

Many of our team are personally involved in volunteering with the groups that we support.

Our primary areas of focus and support include:

Long Term Foundation

Set up in 2017, Long Term Foundation (“LTF”) is focused on improving the lives of those living in extreme poverty in sub-Saharan Africa. Through partnerships with key players in the development and commercial sector, LTF supports initiatives that seek to improve food security and nutrition, increase access to international markets and create opportunities for small business development.

Small Foundation

Small Foundation’s goal is to create sustainable income generating opportunities for extremely poor people throughout sub-Saharan Africa. The Foundation supports highly leveraged interventions that improve the business ecosystem for micro, small and medium rural enterprises.

Cystinosis Ireland

Cystinosis is a rare degenerative disease that primarily affects children and is one of over 5,000 rare or orphan diseases globally. Cystinosis Ireland supports research globally in the areas of rare disease, which tends to be an underfunded sector worldwide.

St. Vincent de Paul (Ozanam House Resource Centre)

Ozanam House is a centre based in a disadvantaged area of inner city Dublin and supports groups of all ages who suffer from social exclusion and poverty.

As with our investment philosophy, we take a long term view with our CSR partners and look to build sustainable change that can improve the lives of the people they work with.

 

Sustainable Finance Disclosure Regulation

 

As outlined above, CSR is a key part of Abbey Capital’s culture and is reflected in how we manage and conduct our corporate activities.  Our remuneration process promotes sound and effective risk management that does not encourage excessive risk-taking.  Sustainability risk is integrated into our remuneration process, as our remuneration policy provides that consideration of risks under the policy includes sustainability risks that are relevant to the funds that we manage.

Abbey Capital is an alternative investment manager that specialises in managing multi-manager funds that invest in managed futures. The funds that we are appointed to manage (the “Funds”) are exposed to a range of FX and Futures contracts that are traded, on a bi-directional basis, by underlying managers (each of which is a Commodity Trading Advisor (“CTA”)).

When integrating sustainability risks in the investment decision‐making process, we consider ESG events and conditions in the context of the overall risk management framework that is used in the investment management process and other matters such as the following:

  • The nature of the Funds – the Funds are either multi-manager funds or funds that invest into a multi-manager fund.
  • The nature of the CTAs and trading styles – The CTAs involved may have differing trading approaches and trading styles.
  • The range, and bi-directional nature, of the contracts to which the Funds may be exposed – each of the CTAs is permitted to trade (both long and short) a variety of contracts that are determined and approved by Abbey Capital. These contracts vary across a range of different markets and geographical locations.

No consideration of sustainability adverse impacts

For the same reasons, together with the differing levels of data available regarding ESG factors for the contracts, we do not currently consider the adverse impacts on sustainability factors of investment decisions in respect of each of the Funds.

We will monitor this approach on an ongoing basis.

[March 2021]