ADVISE, MANAGE AND INVEST ACCORDING TO OUR CLIENTS’ PREFERENCES
Phitrust has adopted a charter based on high ethical standards. Just as any responsible publically issued company, Phitrust must set an example both in terms of investment selection criteria and policy. Adherence to and respect of our guiding principles ensure that our mission is carried out with the utmost attention and in full transparency to inform more widely of our ethical standards.
INDEPENDENCE: Phitrust’s independent capital holdings ensure that our counselling in carried out in the best interests of our clients and is free of external influence.
TAILOR-MADE SERVICES: Phitrust always listens attentively to its clients needs to provide them with the required services and a long-term tailor-made solution.
METHODOLOGY: Phitrust systematically follows an investment procedure based on four key standards:
– Quality of management: committment to the company, reliable communication with shareholders
– High quality: clients’ expectations of quality (products) and environmental expectations (production methods)
– Social-mindedness: personnel’s company involvement and committment
– Ethics and transparency: transparency and disclosure towards investors and wider community.
SELECTION: Phitrust always engages directly with company management prior to any investment and actively takes part in company AGMs.
TRANSPARENCY: Phitrust is committed to total transparency vis-à-vis its clients and partners.
COMPENSATION: Phitrust is committed to total transparency in compensation. Partners have committed to investing part of their income in philanthropic projects.
Phitrust, along with the investors of the Phitrust Active Investors France fund, has sent written questions to the executive boards of 34 companies listed on the CAC40 index in preparation of their 2018 Annual General Meetings, encouraging their participation in the Science Based Targets initiative.
The government has launched a mission on “business and general interest”. Jean-Dominique Senard and Nicole Notat have two months to submit their report containing proposals to redefine the role and missions of companies
Proxinvest published its 21st Report on General Meetings and Shareholder Activism. Since its founding in 1995, Proxinvest has never witnessed such a contentious proxy season in France.