• Adam Davies

ESG at Velox - 2020 Review

I am delighted to write the very first ESG Spotlight end of year review on behalf of the Velox ESG Committee. On joining Velox as Chief Operating Officer in 2018, the inherent passion for practices now widely associated with environmental, social and governance factors (ESG) was immediately evident; this passion aligned strongly with my own. It has been a privilege to witness the evolution of Velox towards these ESG practices, and now, at just over two years later, to report that it thrives and prospers even in such unpredictable times.

Focusing our efforts on long-term, sustainable value creation served as a guiding principle in constructing Velox’s mission statement, core values and commitments - which were all pivotal in directing us to where we are today. In truth, this year’s global pandemic has brought out the best in the Velox team, but perhaps more importantly, it has seen an acceleration in positive change in the wider investment community.

At the centre of Velox and our ESG Committee is Isobel, our CSR Manager, and Saarthak, our ESG Officer. There is a genuine commitment from Isobel, Saarthak and the rest of the Velox team to be better and to do better, and that is something we are very proud of as an organisation and committee. Isobel has led many great initiatives since her appointment, targeting our 5 commitments and educating us on healthier and more thoughtful ways to achieve them. Most notably, Isobel has overseen environmental initiatives through our employee volunteering programme (such as a biodiversity project we worked on with WWT earlier this year), new remote employee health processes, our annual charity partnerships, and additional donations to charities doing key work to help vulnerable individuals during the pandemic.

Saarthak, working alongside the investment team, was pivotal in integrating ESG practices into the investment process, which commenced in January this year (see previous posts on ESG at Velox, our proprietary ViA app and ESG alpha opportunities). Central to this were new partnerships formed with SEB and the UN PRI, the beginning of our fight against climate change, and the launch of our proprietary ESG Traffic Light and ViA applications, which we continue to develop for the benefit of the strategy. Investor feedback on Velox's ESG integration efforts has been extremely positive, key in a year where we have seen ESG investments doing better than most (according to a recent analysis by Morningstar), European regulators and governments taking big steps to accelerate sustainability higher up corporate agendas, and a rapid increase in the significance of “S” as companies seek to reaffirm their public image in response to the year’s events.

As we look forward, the future seems bright and bustling with opportunities. We will continue to adapt and grow the developments of the past 2 years, but also turn our focus to new ideas and partnerships. I am confident that our strong culture and dedication to all stakeholders will place us on solid footing to take advantage of these opportunities. Congratulations to the team and to the committee on all the achievements of this past 2 years.



Velox Capital Partners LLP ("VCP") is an appointed representative of Marble Bar Asset Management LLP “(“MBAM”) which is Authorised and regulated by the Financial Conduct Authority. MBAM act as the sub investment manager for the Velox Fund, with members of Velox Capital Partners LLP seconded to MBAM.

Investing in the Melchior Selected Trust places your capital at risk. This document does not constitute or form part of any offer to issue or sell, or any solicitation of any offer to subscribe or purchase any shares or any other interests nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract thereof. This document is not directed at you if we are prohibited by any law of any jurisdiction from making the information in this document available to you. Recipients of this document who intend to apply for shares or interests in the Melchior Selected Trust are reminded that any such application may be made solely on the basis of the information and opinions contained in the Prospectus or other offering document relating thereto applicable at the time of subscription, as and when they become available, which may be different from the information and opinions contained in this document. Any views and opinions are of the author and are subject to change. They should not form the basis for any investment decision. We are not soliciting or recommending any action based on this material. Any person subscribing for an investment must be able to bear the risks involved and must meet the suitability requirements relating to such investments. You may not rely on this document for the purposes of making an investment decision. All data and statistics are sourced from VCP unless otherwise stated. Performance statistics are not necessarily based on audited financial. Past performance is not necessarily indicative of future results and you may not retrieve your original investment. Changes in rates of exchange may affect the price of units or shares. The Sub-Fund is suitable for professional investors who consider an investment fund as a convenient way of participating in capital market developments. This Sub-Fund is not actively marketed to or suitable for retail investors. The securities referenced in this document have not been registered under the U.S. Securities Act of 1933 (the “1933 Act”) or any other securities laws of any other U.S. jurisdiction. Such securities may not be sold or transferred to U.S. persons unless such sale or transfer is registered under the 1933 Act or exempted from such registration. Such securities may not be sold or transferred to U.S. persons unless such sale or transfer is registered under the 1933 Act or exempts from such registration. Edmond de Rothschild (Suisse) S.A., 18 rue de Hesse, 1204 Genève, was authorised by the Swiss Financial Market Supervisory Authority as Swiss Representative of the Fund. The Paying Agent is Edmond de Rothschild (Suisse) S.A., 18 rue de Hesse, 1204 Genève. The prospectus, the key investor information documents, the articles, the annual and semi-annual reports of the Fund, as well as the list of the purchases and sales which the Fund has undertaken during the financial year, may be obtained, on simple request and free of charge, at the head office of the Swiss representative at the above address.

Where this site contains links to other sites and resources provided by third parties, these links are provided for your information only. Such links should not be interpreted as approval by Velox Capital Partners LLP of those linked websites or information you may obtain from them. Velox Capital Partners LLP has no control over the contents of those sites or resources.