
RESPONSIBLE INVESTMENT
POLICY
Spinnaker Capital aims to channel legitimate financial investments to Emerging Markets in order to generate high returns by making it easier for people in those countries to achieve their economic potential. This principle is reflected in who we take money from, who we invest money with, what investments we make, and where we invest.
Spinnaker Capital strives to follow best market practices in all of its affairs while being sensitive to the context of its business.
Spinnaker Capital is a UNPRI signatory, and aspires to full implementation of the UNPRI in a proportional manner that is appropriate to its business.
Spinnaker Capital chiefly invests in EM countries. Challenges such as environmental degradation, corruption, sub-standard working conditions and poor business practices are particularly acute in those countries. These issues present risks not only to local communities and habitats in the Emerging Markets, but also to our funds’ investments. We believe that we can simultaneously address these threats and foster sustainable development through our own operations. We strive to promote sound governance, respect for the habitat, ethical practices, and compliance with local laws and regulations, all of which we group under the rubric of Responsible Investment (RI). We believe that the implementation of these practices will ultimately contribute to strong economies and benefit local communities. Consequently, business efficiency and performance will be improved, whereby our fundamental goal of attaining maximum returns for our clients will be achieved.
In fixed income investing, a key application for ESG information is to inform our analysis of issuer creditworthiness. Governance issues may affect a sovereign or corporate issuer’s willingness to repay its debt in the short-to-medium term. Social and environmental issues may evolve to present hurdles affecting an issuer’s ability to repay its debt in the medium-to-long term, signals which may be reflected in asset prices and liquidity in the short-to-medium term.
To download the Policy please click here.