Corporate Governance Overview

BTIM’s commitment to exceeding industry standards means we actively maintain corporate governance policies across every aspect of our operations.

BTIM’s corporate governance policies are considered in light of the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations (Third Edition) and other relevant standards or guidelines.

 

2015 Corporate Governance Statement

Each year BTIM publishes a Corporate Governance Statement which outlines BTIM’s corporate governance framework and policies.

Click here to view BTIM’s 2015 Corporate Governance Statement.

 

Board & Committees

The Board of BTIM has adopted a Board Charter which sets out its roles and responsibilities.

To assist in the execution of its duties and responsibilities, the Board has established the following committees, each of which has its own charter:

The Board may also establish other committees from time to time if required.

 

Market Disclosure Policy

BTIM has adopted a Market Disclosure Policy designed to assist BTIM in keeping the market fully informed and in meeting its continuous disclosure obligations under the ASX Listing Rules.

 

Compliance Policies

BTIM has adopted a set of policies to promote transparency, fair dealing and the protection of stakeholder interests. These include;

 

Code of Conduct Policy

BTIM has adopted a Code of Conduct Policy which applies to all employees and Directors. The Code of Conduct requires all employees and Directors to observe high standards of corporate and individual behaviour in the context of their employment. The Code provides that employees and Directors should:

  • act with honesty and integrity
  • respect the law and act accordingly
  • respect confidentiality and do not misuse information
  • value and maintain their professionalism
  • appropriately manage conflicts of interest

 

Conflicts of Interest Policy

BTIM has adopted a Conflicts of Interest Policy, which is intended to identify, monitor and manage conflicts of interest. The policy sets out the procedure for managing potential conflicts, including procedures relating to:

        • participation in activities that involve an actual or perceived conflict with duties and responsibilities to BTIM or transactions which are prejudicial to BTIM;
        • participation in dealings that involve an actual or perceived conflict with the interests of a customer or a position which unfairly puts the interests of one customer before another’s, regardless of the size or nature of that relationship;
        • where acting as a trustee, ensuring that employees make decisions in that capacity having regard to the fiduciary obligation to act in the best interests of the fund members; and
        • acting in accordance with the terms of BTIM’s investment mandates.
Trading in BTT Securities Policy

BTIM has adopted a Trading Policy (known as the Trading in BTT Securities Policy). This policy governs trading in BTT Securities by Directors and employees.

BTIM has also adopted a Personal Account Trading Policy which governs trading in other securities by Directors and employees. These policies set out the applicable laws and procedures to be followed when dealing and trading in securities (including notification and clearance procedures).

Directors and employees are not permitted to deal in any securities (including shares in BTIM) where the individual is in the possession of price sensitive information which is not generally available to the market, and must not provide such price sensitive information to other persons (including fellow employees) who may use such information to trade in securities. In addition, employees must not trade in BTIM’s Shares or other securities during a specified blackout period. These blackout periods occur 4-6 weeks prior to the Company’s half year or year end results or its quarterly announcements in relation to funds under management. There are limited exceptions for acquisitions pursuant to employee share or option plans.

If a Director deals in BTIM’s shares, BTIM must advise the ASX within five business days, in accordance with the Corporations Act and the Listing Rules.