research in the united kingdom
Penrich Capital UK Limited is a London-based investment advisory company established in 2004. We have been regulated and authorised by the Financial Conduct Authority (and its predecessors) since 1 January 2005.
The members of the investment team at Penrich Capital UK have an average of more than twenty years' experience in investing and advising on investments. We have undertaken research and made investments in all major countries and in many developing economies. The background of the team spans economic policy making, investment banking, funds management and risk management. This experience has been gathered in Europe, North America, Asia and Australasia.
Penrich Capital UK Limited makes much of its research available to selected members of the financial services industry and the media.
The company provides investment advice to the Penrich Global Macro Fund and to other funds management companies.
Commitment to the UK Stewardship Code
Under Rule 2.2.3R of the FSA's Conduct of Business Sourcebook, Penrich Capital UK Limited (the "Firm") is required to include on this website a disclosure about the nature of its commitment to the UK Financial Reporting Council's Stewardship Code (the "Code") or, where it does not commit to the Code, its alternative investment strategy. The Code is a voluntary code and sets out a number of principles relating to engagement by investors with UK equity issuers.
The Firm advises a fund with a global macro investment strategy that does not result in it trading in single equities. Consequently, while the Firm supports the general objectives that underlie the Code, the provisions of the Code are not relevant to the type of investing currently undertaken by the Firm. If the Firm's investment strategy changes in such a manner that the provisions of the Code become relevant, the Firm will amend this disclosure accordingly.