Our response to the crisis in Ukraine

Company statement - March 2022

Company statement - March 2022

A statement from Gresham House in light of Russia’s invasion of Ukraine 🇺🇦

 

There is no place in the modern world for actions such as those undertaken by Russia in Ukraine.

We want to do all we can as individuals and as a business to support those in most need. We also understand we have an obligation to our shareholders, clients and employees to clarify our position in relation to our investments and supply chain.

 

Gresham House plc and funds managed by the Group do not own any Russian assets and have minimal exposure to Russian assets that are subject to sanctions. Gresham House plc does not have any Russian domiciled shareholders on its share register and has not been made aware of any Russian investment in the funds managed by the Group. 

 

We are in the process of contacting all our direct service providers to ask them to confirm whether they have any links with Russian or Belarusian entities (including parent companies or entities upon which they rely when undertaking services on behalf of Gresham House), and whether their ability to carry out these services will be impacted by the measures that are being implemented in respect of Russia and/or the changes to operational activities being taken by companies and financial institutions.

We will await their response and consider further action as required.

 

We strongly denounce Russia’s invasion of Ukraine and our thoughts are with all who are affected.

 

In support of those being affected by the crisis, we have pledged to match employee donations to the DEC Ukraine Humanitarian Appeal >>

Internally we have set up a Ukraine Action Group to coordinate a range of initiatives, including volunteering and looking to arrange the delivery of aid.

 

More views from Gresham House