Since our inception, Toscafund Asset Management has endeavoured to always act in the best interest of its investors, by investing in “well-run responsible businesses” identified through proprietary fundamental research. We believe an integral part of this research is the consideration of financially material ESG factors.
ESG integration is seen as key to meeting the firm’s fiduciary duty. By having an investment process that systematically identifies and assesses financially material ESG factors, the firm can further elucidate relevant investment risks and opportunities that may have previously been overlooked, thus providing more conviction in the risk-return profile of a potential investment.
| Fund | Classification |
| Aptus Investment Fund | Article 6 |
| Tosca / Tosca UCITS | Article 6 |
| Tosca AF Fund | Article 6 |
| Tosca European Select | Article 6 |
| Tosca Opportunity | Article 6 |
| Tosca Mid Cap | Article 6 |
| Pegasus | Article 6 |
| Tosca Micro Cap | Article 6 |
| Tosca Focus | Article 6 |
Introduction
The EU Sustainable Finance Disclosure Regulations (“SFDR”) requires Toscafund Asset Management LLP (“the firm”) to make a “Comply or explain” decision whether to consider the principle adverse impacts (“PAIs”) or other decisions on sustainability factors, in accordance with a specific regime as outlined in SFDR. The firm have decided not to comply with the SFDR regime. We are therefore required to publish and maintain on our website a statement to explain our reasons for not complying with the PAI regime in SFDR.
The Firms Statement - on the requirement of the PAI regime in Article 4 of SFDR
Toscafund Asset management does not consider principle adverse impacts (PAIs) on sustainability factors as the necessary data is not consistently available on the investment universe to a sufficient extent. Toscafund will review considerations of the PAIs at future dates and will formally review its decision on an annual basis.
Not withstanding the firm’s decision not to comply with the PAI regime, the firm wishes to reaffirm our overall commitment to ESG matters.