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They identify key risks per asset class. See table on page 7

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pg. 7

"Fixed Income and Credit

Supermarket supply chain (particularly from agricultural and textiles suppliers), technology hardware production and raw materials supply chain, service companies (specifically those with high levels of minimum wage workers), and the oil sector (especially those with operations in the Middle East). Companies or supply chains that rely on output from labor-intensive sectors or imported labor from developing Asian countries are also higher risk."

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"Emerging Markets and Asia Pacific Equities

Healthcare supplies and apparel industries in Asia (particularly following COVID-19), the supply chains of certain Asian consumer goods and Asia Pacific IT service companies, banks lending to companies in high risk countries and industries, mining companies and labor/manufacturing intensive companies, the sourcing of conflict minerals across tier 3 suppliers particularly in relation to companies we own in the semiconductor ecosystem."

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"Systematic Global Equities

Given our systematic investment process, we are exposed to a broad range of sectors and companies, some of which are considered to be at higher risk of modern slavery than others.Based on the nature of our holdings, we feel that the greatest risks lie in the Asia Pacific region and in the following sectors: metal and mining, technology hardware and energy"

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Data copied from First Sentier Investors (Australia) IM Ltd. for 2020