Under Rule 2.2.3R of the Financial Conduct Authority’s Conduct of Business Sourcebook, Oxford University Endowment Management 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 continues to support the general objectives that underlie the Code following the scope of the Code changing substantially in 2020. Prior to these changes, whilst supporting the Code’s objectives, the Firm did not believe its principles to be relevant to the type of investing it undertakes. In light of the changes, it is currently conducting a review to establish the applicability of the principles of the updated Code to its investment strategy and assessing whether it is possible to sign up.
SRD II aims to promote effective stewardship and long-term investment decision making, in respect of shares traded on EEA regulated markets and comparable regulated markets outside the EEA. It came into effect on 10 June 2019.
The rules require asset managers, who invest in shares traded on a regulated market detailed above, to:
The investment strategies pursued by Oxford University Endowment Management Limited (the “Firm”) do not currently include the direct investment in shares which are traded on an EEA regulated market, or on a comparable regulated market outside the EEA, and so the SRD II rules do not apply to it. Therefore, we have not developed a shareholder engagement policy and nor are we required to make the disclosures outlined above.
ATTENTION: These terms apply to your use of the website under the domain name www.ouem.co.uk (the “Website”). Please read these terms carefully before using the Website.
1. Introduction
1.1 The Website is operated by OU Endowment Management Limited, a company registered in England and Wales under number 06242141 with its registered office at University Offices, Wellington Square, Oxford, OX1 2JD (the “Company”).
1.2 By accessing any part of the Website, you shall be deemed to have accepted these terms in full. If you do not accept these terms in full, you must leave the Website immediately.
1.3 The Company may vary these terms at any time by updating this posting. You should check the Website from time to time to review the then current terms, because they are binding on you.
2. Licence
2.1 You are permitted to print and download extracts from the Website for your own use on the following basis:
2.1.1 no documents or related graphics on the Website are modified in any way;
2.1.2 no graphics on the Website are used separately from the corresponding text; and
2.1.3 the Company’s copyright and trade mark notices and these terms appear in all copies.
2.2 Unless otherwise stated, the copyright and other intellectual property rights in all material on the Website (including without limitation photographs and graphical images) are owned by the Company or its licensors. For the purposes of these terms, any use of extracts from the Website other than in accordance with clause 2.1 for any purpose is prohibited. If you breach any of these terms, your permission to use the Website automatically terminates and you must immediately destroy any downloaded or printed extracts from the Website.
2.3 Subject to clause 2.1, no part of the Website may be reproduced or stored in any other website or included in any public or private electronic retrieval system or service without the Company’s prior written permission.
2.4 Any rights not expressly granted in these terms are reserved.
3. Website access
3.1 The Company shall not be liable if for any reason the Website is unavailable at any time or for any period.
3.2 Access to the Website may be suspended temporarily and without notice for any reason, including, without limitation, in the case of system failure, maintenance or repair or for reasons beyond the Company’s control.
4. Visitor material and conduct
4.1 The Company may process information about you in accordance with its Privacy Policy. By using the Website you consent to such processing and you warrant that all data provided by you is accurate.
4.2 Other than personally identifiable information, which is covered under our Privacy Policy, any material you transmit or post to the Website shall be considered non-confidential and non-proprietary. The Company shall have no obligations with respect to such material. The Company and its designees shall be free to copy, disclose, distribute, incorporate and otherwise use such material and all data, images, sounds, text and other things embodied therein for any and all commercial or non-commercial purposes.
4.3 You may not misuse the Website (including, without limitation, by hacking) and are prohibited from posting or transmitting to or from the Website any material:
4.3.1 that is threatening, defamatory, obscene, indecent, seditious, offensive, pornographic, abusive, liable to incite racial hatred, discriminatory, menacing, scandalous, inflammatory, blasphemous, in breach of confidence, in breach of privacy or which may cause annoyance or inconvenience;
4.3.2 for which you have not obtained all necessary licences and/or approvals;
4.3.3 which constitutes or encourages conduct that would be considered a criminal offence, give rise to civil liability, or otherwise be contrary to the law of or infringe the rights of any third party, in any country in the world; or 4.3.4 which is technically harmful (including, without limitation, computer viruses, logic bombs, Trojan horses, worms, harmful components, corrupted data or other malicious software or harmful data).
4.4 The Company shall fully co-operate with any law enforcement authorities or court order requesting or directing the Company to disclose the identity or locate anyone posting any material in breach of clause.
5. Links to and from other websites
Links to third party websites on the Website are provided solely for your convenience. If you use these links, you leave the Website. The Company has not reviewed any of these third party websites, does not control and is in no way liable for these websites or their content or availability. The Company does not endorse or make any representations about such websites, or any material found there, or any results that may be obtained from using them. If you decide to access any of the third party websites linked to the Website, you do so entirely at your own risk.
6. Disclaimer
6.1 The Company does not warrant the accuracy and completeness of the material on the Website. The Company may make changes to the material on the Website, or to the products and prices described in it, at any time without notice. The material on the Website may be out of date, and the Company makes no commitment to update such material.
6.2 Whilst the Company has taken reasonable care to ensure the material on this Website is reliable, all material is provided “as is”, without any conditions, warranties or other terms of any kind. To the maximum extent permitted by law, the Company excludes all representations, warranties, conditions and other terms (including, without limitation, the conditions implied by law) which, but for these terms, might have effect in relation to the Website.
7. Liability
7.1 The Company, any other party (whether or not involved in creating, producing, maintaining or delivering the Website), and any of the Company’s group companies and the officers, directors, employees, shareholders or agents of any of them, exclude all liability and responsibility for any amount or kind of loss or damage that may result to you or a third party (including without limitation, any direct, indirect, punitive or consequential loss or damages, or any loss of income, profits, goodwill, data, contracts, use of money, wasted management or office time or loss or damages arising from or connected in any way to business interruption, and whether in tort (including without limitation negligence), contract or otherwise) in connection with the Website in any way or in connection with the use, inability to use or the results of use of the Website, any websites linked to the Website or the material on such websites, including but not limited to loss or damage due to viruses that may infect your computer equipment, software, data or other property on account of your access to, use of, or browsing the Website or your downloading of any material from the Website or any websites linked to the Website.
7.2 Nothing in these terms shall exclude or limit the Company’s liability for:
7.2.1 death or personal injury caused by negligence;
7.2.2 fraud;
7.2.3 misrepresentation as to a fundamental matter;
7.2.4 any duty or liability it may have to a client under the regulatory system (as defined by FCA Rules); or
7.2.5 any other liability which cannot be excluded or limited under applicable law.
7.3 If your use of material on the Website results in the need for servicing, repair or correction of equipment, software or data, you assume all costs thereof.
8. Governing law and jurisdiction
This legal notice shall be governed by and construed in accordance with English law. Disputes arising in connection with these terms shall be subject to the exclusive jurisdiction of the English courts.
Privacy notice
OUem’s privacy notice for investors is found here
Cookies
We use a small number of cookies on our site to provide some essential features to make it work better for visitors, and to see how people are using the site so we can improve it.
How we use cookies
We use a number of different cookies on our site. The list below describes the cookies we use on this site and what we use them for. Currently we operate an ‘implied consent’ policy which means that we assume you are happy with this usage.
If you are not happy with how we use cookies then you should either:
• Not use this site
• Change your browser settings to prevent cookies from being set.
This may mean parts of this site don’t work properly or are inaccessible to you.
If you do not know what cookies are, or how to use your browser delete them or control what sites can set and use cookies, then we recommend you visit http://www.aboutcookies.org for detailed guidance.
Cookies used by OUEM.co.uk
Content management system:
the content management system we use to publish our website uses cookies to store some basic, essential data on your interactions with it, such as whether you have logged in. Other cookies tell us if you have previously logged into the website, and are optionally used to remember your login details for future visits if you ask us to.
• PHPSESSID: this is used during your visit to remember any preferences and settings you might ask us to set, such as whether or not you are logged in. If you block this cookie parts of the site will not work properly or will be inaccessible to you. Deleted when you leave the site.
• PastMember: used to remember if and when you have previously logged in. This cookie does not store personal information about you, but if you are a registered user it is used to update your personal record in our database. Stored for 90 days.
• alc_enc: only set if you tick the “Remember email and password for next time” box when you login. Stored for 90 days.
Google Analytics
We use Google Analytics to collect information about how visitors use our website so that we can improve it. Google Analytics tells us things like what pages people visit, how long they are on the site, how they got here and what they click on. To do this we use several cookies to record anonymous information about how you use the website. None of these cookies record personal information about you (e.g. your name or address) and we cannot use them to identify who you are. The information is only used by this site and is not shared with Google.
• _utma: tells us if you have visited the site before. Stored for 2 years.
• _utmb: records information about your current visit to our website, such as what pages you look at. Stored for 30 minutes.
• _utmc: no longer used for tracking and deleted when you leave the site.
• _utmz: used to tell us how you found our website. Stored for 6 months
