This statement highlights OxFORD Asset Management’s approach to understanding all potential modern slavery risks related to its business, and the steps it has taken to ensure that slavery is not taking place in any of its supply chains or in any part of its business, in compliance with s54 of the Modern Slavery Act 2015. The Firm recognises its responsibility to prevent slavery and human trafficking, and seeks to ensure there is no slavery or human trafficking in its own business or in its supply chains.
OxFORD Asset Management (the “Firm”) is based in the UK, and is an investment adviser to a fund based outside the UK with a limited supply chain of mainly UK based suppliers. They include, amongst others, companies involved in catering, facilities management, building management, floristry, security, electrical and mechanical contracting, and workplace hygiene. The Firm takes a thorough approach in choosing to associate with only reputable suppliers, local where possible, and continue to review these business partnerships to ensure compatibility. The Firm has undertaken an assessment in relation to the risk of slavery or human trafficking by its suppliers, and the Firm is satisfied that the risk is low.
The vast majority of the Firm’s staff are highly educated professionals. The Firm has robust recruitment practices, including pre-employment background checks for all staff members and the use of reputable recruitment agencies. The Firm considers the risk of modern slavery and trafficking within the business to be very low.
The senior management team has been made aware of the issues and risks surrounding modern slavery and trafficking. Staff members involved with suppliers are made aware of the risks of modern slavery and have sufficient skills to recognise and raise any potential issues.
This statement will be reviewed annually and updated as required and has been approved by the Firm’s senior management.
This statement relates to the financial year 1 April 2020 to 31 March 2021.