Question: Does the investor disclose in its modern slavery statement that it assesses investee companies prior to investment to identify potential modern slavery risk areas?
Walk Free
Unverified - Added by Community
updated 11 months ago by Singh Anjali

Not yet started still in development, hence marked no.

pg. 8

"As a global investment company, AMP may be at risk of being directly linked to modern slavery through our investment activities and relationships with external fund managers. AMP Capital is the appointed asset manager for the majority of client funds in the group. Clients also have access to a range of investment options through external fund managers and AMP is working to assess the relevant risks of being directly linked to modern slavery through these relationships."

"External fund managers

As part of developing investment strategies, our investment teams across our asset ownership, asset management and advice activities have important relationships with external fund managers. We have developed due diligence questionnaires and processes for onboarding new fund managers and assessing our existing relationships to understand how underlying managers are managing risks of modern slavery in their own business and investment strategies. These include: – issuing due diligence questionnaires to AMP Capital’s external fund managers – issuing due diligence questionnaires for our platforms and approved investment options for Advice clients, including MyNorth."

Singh Anjali.....2022-03-16 08:22:58 UTC