The Board is responsible for promoting the long-term sustainable success of the Company and generating value for both shareholders and other stakeholders through effective leadership.
The Company’s success is based upon the effective implementation of its strategy by the Manager and third-party providers under the leadership of the Board. The Board and the Manager work closely to ensure the highest standards of governance are maintained by the Company and are central to every Board decision. The Board’s culture provides a forum for constructive and robust debate, which has guided the successful implementation of our strategy to date.
The Board applies the Principles and Provisions of the AIC Code of Corporate Governance which addresses the Principles and Provisions set out in the UK Corporate Governance Code, and sets out additional Provisions on issues that are of specific relevance to investment companies, such as the Company. Further information is available in our Annual Report, which includes our Corporate Governance Statement.