We would like to share some recent analysis on currency effects in emerging market equities portfolios. As investors increase allocations to emerging market equities and bonds, it is important that they consider the currency impact. Foreign exchange makes a significant contribution to the returns and risk profile of emerging markets portfolios, and in our view investors should become familiar with this impact and consider whether to actively hedge this exposure.Read More
This web site is provided by Millennium Global Investments Ltd. ("Millennium Global").
This website is only open to persons who are Professional Clients (as defined under the rules of the Financial Conduct Authority of the United Kingdom) and any materials or information provided on this website are "FOR PROFESSIONAL CLIENTS ONLY". If you are not a Professional Client, you should not continue to view the information on this web site.
THE SERVICES DISCUSSED ON THIS WEBSITE ARE NOT AVAILABLE TO RESIDENTS OF THE FOLLOWING COUNTRIES: ARGENTINA, BAHRAIN, SINGAPORE, HONG KONG, KOREA, KUWAIT, SAUDI ARABIA, AND SINGAPORE. RESIDENTS OF THESE COUNTRIES ARE ADVISED TO DISCONTINUE VIEWING THIS WEBSITE.
Millennium Global Investments Limited ("Millennium") a company incorporated in England and Wales serves as the investment manager ("Investment Manager") of Separately Managed Accounts ("SMAs"). Millennium does not endorse and is not responsible for (a) the accuracy or reliability of any opinion, advice or statement made through the site by any party other than Millennium, (b) any content provided on linked sites (c) the capabilities or reliability of any product or service obtained from a linked site.
Although the information, material and content provided on this Website is believed to be reliable when posted, there is no guarantee that it is accurate, complete or current at all times and this Website could include technical or other inaccuracies. This Website is provided to you on an "as is" basis, without warranties or representations of any kind. Millennium and our affiliates, licensors, service providers and suppliers disclaim all statutory, express and implied warranties, representations and conditions of any kind to the extent permitted by law, including, without limitation, with respect to title, non-infringement, security, reliability, accuracy, timeliness, completeness, satisfactory quality and merchantability.
Your access and use of this Website is at your own risk. To the fullest extent permitted by law, Millennium, our affiliates, licensors, service providers and suppliers or any of their respective officers, directors, shareholders, employees, subsidiaries, affiliates, agents or representatives shall not be liable, at law, in equity or otherwise, for any direct, indirect, incidental of any kind whatsoever, special, consequential, punitive or other damages of any kind whatsoever, whether in contract, tort or otherwise, arising out of or in connection with this Website or a linked site and its use by you or your inability to use this Website or a linked site.
No information contained in this web site, any part of this web site, or associated documents (together the “Information”), may be redistributed in whole or in part, stored in a retrieval system, modified, linked into, republished, uploaded, transmitted in any form or by any means electronic or mechanical, or by photocopying, recording or otherwise without the express prior written permission of Millennium Global.
The information on this Website is for informational purposes only. Millennium and each of our affiliates, licensors, service providers and suppliers assume no liability for any errors or omissions, inaccurate, delayed or incomplete information, nor for any actions taken in reliance thereon. Millennium does not endorse and is not responsible for (a) the accuracy or reliability of any opinion, advice or statement made through the Website by any party, (b) any content provided on linked sites, or (c) the capabilities or reliability of any product or service obtained from a linked site.
It is the responsibility of the User to evaluate the accuracy, completeness or usefulness of any opinion, advice or other content available through the Website. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific opinion, advice, product, service or other content.
No Investment Advice or Offers
Nothing in this Website constitutes investment advice, an invitation or recommendation to invest or otherwise deal in shares or other securities in any company, or an endorsement, sponsorship or recommendation as to the suitability of any product or security. In addition, investor relation materials to the Website content are not offers to sell or solicitation of an offer to buy any security. If you are considering an investment, you should make your own, independent assessment and obtain appropriate professional advice.
Forward Looking Information
Certain information on this Website contains certain forward-looking statements within the meaning of certain securities laws, including the “safe harbour” provisions of the Securities Act (Ontario) and other provincial securities law in Canada. These forward-looking statements are subject to risks and uncertainties and speak only as of the date in which they are made. The words "believe", "expect", "hypothetical", "anticipate", "optimistic", "intend", "aim", "will" or similar expressions are intended to identify forward-looking statements, which speak only as of the date on which they are made. Millennium does not assume responsibility for the accuracy and completeness of any forward-looking statements to reflect subsequent events or circumstances and undertakes no obligation to update publicly or revise any forward-looking statements.
Your Authority to Use this Website
All content, products and services on this site are provided to you "as is" without warranty of any kind either express or implied including, but not limited to, the title, non-infringement, security or accuracy.
Other than is requested under the applicable law, under no circumstances will Millennium or its data or content provider be liable for any loss or damage caused by a user's reliance or information obtained through the site or a linked site, or user's reliance on any product or service obtained from a linked site. It is the responsibility of the USER to evaluate the accuracy, completeness or usefulness of any opinion, advice or other content available through the site. Please seek the advice of professionals, as appropriate, regarding the evaluation of any specific opinion, advice, product, service or other content
Rights Granted and Restrictions on Use
The information on this Website is protected by copyright, trade-mark law, patent law and any other applicable laws. The copyright in all content on this Website, unless otherwise indicated, is owned by Millennium or our affiliates, all rights reserved. You may display on your computer, download and print the contents of this Website for personal or educational, non-commercial purposes, provided that you attribute ownership of such content to Millennium. All copies that you make must retain all copyright and other notices that are on this Website. Except as provided in the previous sentence, you may not use, distribute, sell, modify, transmit, revise, reverse engineer, republish, post or create derivative works (where applicable) of the trade-marks, trade names, logos, information, software or other material or content on this Website (referred to collectively as the “content” of this Website) without Millennium’s prior written permission. You acknowledge and agree that this Website and its content are the property of Millennium, our affiliates or their respective service providers, suppliers or licensors and you will not acquire any rights or licenses in any trade-marks, patents, copyright or other intellectual property on this Website or in its content.
This Website may be accessed from countries around the world and may contain references to products, services and programs that are not available in those countries, have not been announced in those countries, or access to which is not permitted in such countries. These references do not imply that the company intends to announce such products, services or programs in such countries. Millennium makes no representation that the content on this Website is appropriate or available for use in other locations, and accessing this Website from territories where its content is illegal is prohibited. Those who choose to access this Website from other locations do so, on their own initiative and their own risk and are responsible for compliance with local laws.
Miscellaneous /Jurisdiction/Governing Law
By clicking on the button below and proceeding further to view this website, the User understands and acknowledges that they are making a request to Millennium to provide the User with further information and materials. The materials to be provided at the request of the User are presented only for general information purposes; they are exclusively directed to the User/addressee in response to their request, only for personal use and it is expressly forbidden to copy and/or to distribute it.
If applicable, by registering or requesting access to this website, the User declares and acknowledges that, to the best of their knowledge, they are not subject to any restriction/limitation or other impediment to enter into an investment management agreement with Millennium under the applicable laws and regulations of their jurisdiction/country nor are they under any administrative or judicial investigation.
No information contained in this web site, any part of this web site, or associated documents (together the “Information”), may be redistributed in whole or in part, stored in a retrieval system, modified, linked into, republished, uploaded, transmitted in any form or by any means electronic or mechanical, or by photocopying, recording or otherwise without the express prior written permission of the website owner.
Jurisdiction Specific Disclaimers
"Millennium Global Investments Limited ("Millennium") does not hold an Australian financial services licence ("AFSL"). Millennium provides financial services to wholesale clients in Australia in reliance on ASIC Class Order 03/1099, as amended from time to time. Millennium is regulated by the Financial Conduct Authority of the United Kingdom ("UK"). UK laws differ from Australian laws.
By accessing this website you acknowledge and agree that you are a wholesale client (as defined in section 761G of the Corporations Act 2001 (Cth)) and acknowledge that Millennium does not hold an AFSL.
If accessed from Australia, this website and its contents is only intended for wholesale clients (as defined in section 761G of the Corporations Act 2001 (Cth)). The information on and accessed via this website is provided solely as a convenience to you for general information purposes only and is not, and is not intended to be, financial product advice. The information on and accessed via this website has been prepared without taking account of your objectives, financial situation or needs. Before acting on any information on and accessed via this website, consider the appropriateness of the information having regard to your objectives, financial situation and needs. You should obtain professional financial, legal and tax advice before making any investment decision. Nothing on or accessed via this website is, or is intended to be, an offer or solicitation of a financial product or service or a recommendation by any person to invest in a financial product or use a financial service. Millennium does not guarantee that the contents of or any information accessed via this website is accurate, complete or up-to-date. Millennium will not be responsible or liable, directly or indirectly, in any way for any loss or damage of any kind incurred as a result of, or in connection with, your use of, or reliance on, or arising from decisions based on, any of the information on or accessed via this website.
Foreign exchange products involve significant risks and are not suitable for all investors. Certain financial products and services referred to on this website may not be available to Australian persons. Millennium has not, and is not required to, prepare a Product Disclosure Statement under Australian law for any financial product referred to on this website. Investment returns on Millennium products are not guaranteed. Past performance of any product described on this website is not a reliable indication of future performance.
This website is owned and operated by Millennium Global Investments Ltd (“Millennium”), which is registered and operates in the United Kingdom. Millennium does not make any representation that the information on this website is appropriate for your use nor that access to the content of this website from your jurisdiction or elsewhere may not be deemed illegal or prohibited. Persons who choose to use this website from Brazil or other jurisdictions do so on their own initiative and are responsible for establishing the legality, useability and correctness of this website and the compliance with local laws, to the extent local laws may be applicable.
The information contained in this website should not be understood as an analysis of any securities, promotional material, solicitation of purchase or sale, offering or recommendation of any financial asset or investment. The products and/or services referred to in the website are not regulated and were not registered with any regulator other than the Financial Conduct Authority of the United Kingdom, nor are they registered with the Brazilian Securities Commission (Comissão de Valores Mobiliários - “CVM”) and, therefore, are not in compliance with certain requirements and proceedings usually observed in public offers of securities registered with such regulators.
The information contained in this website does not take into account your particular investment objectives, financial situation or investment needs. You should assess whether the information contained in this website is appropriate to your particular investment objectives, financial situation and investment needs. You should do this before making an investment decision. You can either make this assessment yourself or seek the assistance of any adviser.
Any investment decision should be made based solely upon your appropriate due diligence, as well as regulatory and tax advice.
Millennium is the owner of the copyright material in this website unless otherwise specified. The information contained herein shall not be copied without Millennium’s express authorization.
By using this website you acknowledge that you have read these terms and conditions above, together with any other terms and conditions or other statements, notices or disclaimers contained on this website. By using this website you agree to be bound by such terms and conditions. You acknowledge that you are accessing this website following your own initiative and that you are not responding to any form of prior solicitation or request from Millennium, its agents or representatives.
The contracts offered herein do not represent a security under Chilean Securities Market Law No. 18,045, as amended and restated, and supplemental rules enacted thereunder (“Law 18,045”) and accordingly, they are not registered in the Foreign Securities Registry maintained by the Chilean Securities and Insurance Commission pursuant to Law 18,045.
IMPORTANT NOTICE TO MEXICAN NATIONALS AND OTHER RESIDENTS
PLEASE READ THE FOLLOWING INFORMATION CAREFULLY BEFORE ACCESSING OR MAKING ANY OTHER USE OF THE FEATURES OF OR SERVICES RENDERED BY OR THROUGH THIS WEBSITE. IN ACCESSING THE WEBSITE, YOU AGREE TO BE BOUND BY THE FOLLOWING TERMS AND CONDITIONS AND ACKNOWLEDGE RECEIPT OF THE INFORMATION PROVIDED BELOW.
- By entering this website, you expressly agree and acknowledge that:
- You are an “institutional investor” or a “qualified investor” as defined in the Mexican Securities Market Law (Ley del Mercado de Valores) and the secondary regulation issued by the Mexican National Banking and Securities Commission.
- No product or service described in this website (i) constitutes a “security”, as defined in the Mexican Securities Market Law; (ii) are being offered within Mexican territory to any person; and (iii) are not suitable for circulation in the securities markets recognized by the Mexican Securities Market Law (Ley del Mercado de Valores).
- The execution, settlement and clearance of any transaction through this website will take place and become effective outside of Mexican territory.
- Any services rendered or performed through this website do not constitute investment advisory services within Mexican territory. Millennium expressly urges you to consult your own legal, tax and other advisors.
- Millennium is not a licensed Mexican financial entity. Neither the Mexican Banking and Securities Commission nor any other Mexican authority has approved or disapproved the information contained in this website, or the adequacy or veracity of the information contained herein.
- The information displayed in this website contains estimates and subjective analysis and value judgments. No representation or warranty, express or implied, is made regarding the adequacy, accuracy or reliability of the information, opinions, estimates and projections contained herein or that all assumptions relating to such estimates or projections have been considered or stated or that such projections will or may materialize. Millennium disclaims any and all liability relating to such information, including, without limitation, any express or implied representation or warranty for statements contained in, and omissions relating to, such information.
- New Zealand:
By accessing and viewing this website, the User or User Entity represents and warrants that its/their principal business is the investment of money or, in the course of and for the purposes of its/their business, habitually invests money.
User or User Entity understands and acknowledges that Millennium’s products and/or services are only offered in New Zealand to persons whose principal business is the investment of money or who, in the course of and for the purposes of the person’s business, habitually invest money.
This document is provided on an exclusive basis to the specifically intended recipient thereof, upon that person’s request and initiative, and for the recipient’s personal use only.
Nothing in this website constitutes, is intended to constitute, shall be treated as constituting or shall be deemed to constitute, any offer or sale of securities in the state of Qatar or in the Qatar Financial Centre or the inward marketing of a fund or an attempt to do business, as a bank, an investment company or otherwise in the State of Qatar or in the Qatar Financial Centre. This website and the documents and information presented therein have not been approved, registered or licensed by the Qatar Central Bank, the Qatar Financial Centre Regulatory Authority, the Qatar Financial Markets Authority or any other regulator in the State of Qatar. Recourse against the website and those involved with it, may be limited or difficult and may have to be pursued in a jurisdiction outside Qatar and the Qatar Financial Centre.
Any distribution or re-distribution of this document by the User to third parties in Qatar or the Qatar Financial Centre or anywhere else, is unauthorised, strictly prohibited and shall be at the liability of such User.
- United Arab Emirates:
“The information contained on this website does not constitute an offer, sale, public promotion, advertisement or delivery of any investment or financial product that has been made in the United Arab Emirates (UAE) or in accordance with any of the laws of the UAE. It is not intended to be a public offer and it is not intended to lead to the conclusion of any contract of whatsoever nature within the territory of the UAE in accordance with UAE laws (including laws of the Dubai International Financial Centre). The laws and jurisdiction governing any contractual arrangement with Millennium would be that contained in our investment management agreement or other account management services agreement signed between Millennium and the client.
Millennium is not subject to or incorporated under the laws of the UAE nor is it subject to regulation by any UAE regulatory authority including the UAE Central Bank, the UAE Securities and Commodities Authority, or the Dubai Financial Services Authority. Millennium is a company registered in England and Wales with the Registrar at the Companies House under registration number 02964847, regulated by the UK Financial Conduct Authority with Firm Registration Number 171039.
- United Kingdom:
This web site is provided by Millennium Global Investments Limited and Millennium Assets Management Limited. Any financial promotions and managed account services on this web site are intended for Professional Clients only, as defined under the rules of the Financial Conduct Authority. Millennium Global Investments Limited, an English company, acts as the investment manager of Millennium’s managed accounts services and products Millennium Global Investments Limited is authorised and regulated by the Financial Conduct Authority and registered as an investment adviser with the Securities and Exchange Commission and invests in and actively engages in transactions in instruments with significant risk characteristics. Registration with the SEC does not imply a certain level of skill or training.
This web site is subject to international copyright laws and other intellectual property rights, with all rights reserved. No information contained in this web site, any part of this web site, or associated documents (together the “Information”), may be redistributed in whole or in part, stored in a retrieval system, modified, linked into, republished, uploaded, transmitted in any form or by any means electronic or mechanical, or by photocopying, recording or otherwise without the express prior written permission of Millennium.
The Information may not be used for the purpose of an offer or solicitation in any jurisdiction or in any circumstances in which such offer or solicitation is unlawful or not authorised, and should not be published in hard copy, electronic form, via the web or in any other medium accessible to the public. The Information is confidential and is not intended to influence you in making any investment decisions and should not be considered as advice or a recommendation to invest. Any Information in this web site may not be suitable for all investors and investors must make their own investment decisions using their own independent advisors and relevant offering material. Any investment decisions must be based upon an investor's specific financial situation and investment objectives. Income from or the price or value of any financial instruments may rise or fall. Past performance is not necessarily indicative of future results.
Millennium Global assumes no responsibility or liability for the correctness, accuracy, timeliness or completeness of the Information, for any viruses contained in, or attached to, this website or for any loss, damage or lost opportunities resulting from the use of the Information. Any views, opinions or assumptions may be subject to change without notice.
Millennium Global Investments Ltd. Registered office address: Cassini House, 57-59 St James's Street, London SW1A 1LD, UK. Tel: +44 (0) 20 7663 8900. Registered Number: 02964847
Authorised and regulated by the Financial Conduct Authority. FCA registration number: 171039.
- United States of America:
No Offer or Solicitation
This website and any materials accompanying it do not constitute an offer to sell or a solicitation to buy any securities, and may not be relied upon in connection with any offer or sale of securities.
Risks of Investment
Please note that alternative investments can involve significant risk. An investment that the Investment Manager makes on behalf of any SMA may be speculative and entails substantial risks, including the fact that such an investment could be illiquid and be subject to significant restrictions on transferability. Past performance does not guarantee future results or profitability.
Financial instruments and investment opportunities that the Investment Manager may enter into on behalf of SMAs discussed or referenced herein may not be suitable for all persons, and potential investors must make an independent assessment of the appropriateness of any agreement in light of their own objectives and circumstances, including the possible risk and benefits of entering into such an agreement.
An investor in an SMA could lose all or a substantial amount of his or her investment. Returns generated from an investment in an SMA may not adequately compensate investors for the business and financial risks assumed. While each SMA is subject to market risks common to other types of investments, including market volatility, Millennium may employ certain trading techniques, such as the use of leverage and other speculative investment practices that may increase the risk of investment loss. The products and strategies in which the Investment Manager expects to cause the SMAs to invest may involve above-average risk.
Net of Fees
All investment performance data contained on this website is net of all fees and expenses, unless otherwise specified.
No Duty to Update
Unless otherwise indicated, the information contained on this website is current as of the date of the website's launch. Such information is believed to be reliable and has been obtained from sources believed to be reliable, but no representation or warranty is made, expressed or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of the information and opinions contained herein. Additionally, there is no obligation to update, modify or amend this website or to otherwise notify a reader in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.
The Compliance Officer
Millennium Global Investments Ltd.
33 King Street
London SW1Y 6RJ, United Kingdom
Millennium will never disclose, sell or lease to any third party any Personal Information that you provide to us, including through this website (the “Website”), without your permission, other than as described in this Policy, or unless we are required to do so by law.
BY PROVIDING US WITH YOUR PERSONAL INFORMATION, INCLUDING THROUGH THE USE OF THIS WEBSITE, YOU ACCEPT THIS POLICY AND CONSENT TO ITS TERMS, AS WELL AS ANY OTHER TERMS THAT ARE DESCRIBED TO YOU WHEN YOUR PERSONAL INFORMATION IS COLLECTED. PLEASE BE SURE TO READ OUR ENTIRE POLICY BEFORE SUBMITTING INFORMATION TO OUR WEBSITE. THIS POLICY MAY BE AMENDED OR UPDATED AT OUR DISCRETION FROM TIME TO TIME. PLEASE CHECK THE WEBSITE FROM TIME TO TIME FOR SUCH AMENDMENTS. BY CONTINUING TO ACCESS AND USE THE WEBSITE, YOU ACCEPT AND CONSENT TO THE TERMS OF THE THEN CURRENT POLICY, AS AMENDED. IF YOU DO NOT CONSENT TO THIS POLICY, PLEASE DO NOT USE THE WEBSITE OR OTHERWISE PROVIDE YOUR PERSONAL INFORMATION TO US.
What Personal Information Do We Collect?
“Personal Information” is any personally identifiable information about you that may be obtained directly from discussions with you, by corresponding with us by phone, e-mail, subscribing to our mailing lists, enquiring about our services and products or via any documents you may deliver to Millennium. This information may include your name, address, telephone number, social security number or tax identification number, assets, net worth, income, bank account information and occupation.We may also collect your IP address when you use the Website and we may keep track of your dealings with us, including details of your visits to our Website and the resources that you access, including, but not limited to, traffic data, location data, weblogs and other communication data.
We may also receive your Personal Information from our business partners and other third parties, provided that such third parties confirm to us that they have obtained your consent or, we have otherwise obtained your consent in this regard.
Publicly available information, such as business contact information or a public directory listing of your name, address, telephone number or information that is aggregated and not associated with a specific individual, including demographic information and statistics, is not considered Personal Information.
Should we want or need to rely on consent to process your data, we will request your consent orally, by email or by an online process for the specific activity we require consent for and we will record your response on our systems. Where consent is the lawful basis for our processing, you have the right to withdraw your consent to this particular processing at any time. You can do this by contacting the client services team on +442079938900 or by sending an email to email@example.com.
What Non-Personal Information Do We Collect?
We collect certain information which is recorded by the standard operation of our Internet servers on an anonymous basis, such as the operating system and type of browser you are using, the sections of the Website you visit, and the Website pages read and images viewed.
This non-identifiable information is used on an aggregate basis and in a non-personally identifiable form, including: (i) for Website and system administration purposes, (ii) to improve the Website, (iii) to conduct internal reviews of the number of visitors to the Website; (iv) to help us better understand visitors’ use of our Website; (v) to respond to specific requests from our visitors; and (vi) to protect the security or integrity of our Website when necessary.
When you view the Website, we may place a “cookie” on the hard drive of your computer which allows the Website to remember who you are. Cookies provide additional functionality to the website to better match users’ interests and preferences. With most Internet browsers, you can erase Cookies from your computer hard drive, block the creation of Cookies, or receive a warning before a Cookie is stored, although doing so may affect your use of the Website and your ability to access certain features of the Website. Please refer to your browser instructions or the help section of your browser to learn more about these functions. You may view our Cookies Policy here.
Our Website may use web beacons or other technologies. When you access certain pages of our website, a non-identifiable notice of that visit is generated which may be processed by us. These technologies usually work in conjunction with cookies. If you do not want your cookie information to be associated with your visits to these pages, you can set your browser to turn off cookies. If you turn off cookies, web beacons will still detect visits to these pages, but the notices they generate cannot be associated with other non-identifiable cookie information and are disregarded.
As a regulated entity, Millennium records telephone calls for business purposes including but not limited to the following:
- To comply with regulatory record-keeping requirements;
- To seek to ensure the prevention and detection of crime;
- To comply with contractual obligations with trading agreements; and
- For monitoring compliance with regulatory/self-regulatory, audit requirements and training purposes.
In doing so, Millennium will seek to be guided by the requirements of the applicable data protection laws as well as by Millennium’s Data Protection Policy.
Lawful grounds for processing
We may only collect, process and share personal data fairly and lawfully and for specified purposes (lawful grounds). The Data Protection Law restricts our actions regarding personal data to specified lawful purposes. These restrictions are not intended to prevent processing, but to ensure that we process personal data fairly and without damaging your interests. The lawful grounds for processing available under the Data Protection law vary depending on the nature and purpose of processing activities and the types of data being processed.
We will rely on one or more of the following lawful grounds when processing personal data:
- Where you have given consent to the processing of your personal data for one or more specific purposes;
- Where Processing is necessary for the performance of a contract to which you are a party or in order to take steps at your request prior to entering into a contract;
- Where Processing is necessary for compliance with a legal obligation to which the we are subject;
- Where Processing is necessary for the purposes of the legitimate interests by us or by a third party, such as direct marketing of our products or services, except where such interests are overridden by your interests or fundamental rights and freedoms which require protection of personal data.
We will in some circumstances rely on consent for particular uses of your data and you will be asked for your express consent, if legally required.
Personal data can only be collected for specified, explicit and legitimate purposes. It must not be processed further in any manner incompatible with those purposes. We cannot use personal data for new, different or incompatible purposes from that disclosed when it was first obtained unless we have informed you of the new purpose and you have provided your consent where necessary
For What Purposes Do We Collect, Use and Disclose Your Personal Information?
Millennium collects and processes Personal Information primarily to:
- provide investment management services;
- communicate information about its products and services;
- process subscriptions in its private investment vehicles;
- respond to your communications, enquiries and requests;
- meet legal, regulatory, audit, security and financial requirements;
- maintain business records in accordance with applicable laws on recordkeeping;
- to notify you about changes to our service, our address, regulatory requirements, and any other obligations towards you;
- achieve any other purpose we may indicate to you from time to time.
Millennium as controller of the personal information collected permits only authorised individuals, who have been advised as to the proper handling of Personal Information, and who need to access this information to perform services, to have access to this information. These authorised individuals are required to maintain and protect the confidentiality of Personal Information.
Marketing and Preferences
We may contact you to send you updates (be email, telephone, text, social media or post) about the business or our products and services that might be of interest to you. Where consent is needed we will ask for this consent separately and clearly.
We will always ensure that your personal data is treated with respect and we will never sell or share it with other organisations for marketing purposes.
We may ask you to confirm or update your marketing preferences over time, such as when you instruct us to provide further services in the future, or if there are changes in the law, regulation, or the structure of our business. You can change your preferences for marketing at any time.
You have the right to object to direct marketing and profiling (the automated processing of your information to help us evaluate certain things about you, for example, your personal preferences and your interests) relating to direct marketing. If you don’t want to receive marketing information from us you can click on the ‘unsubscribe’ link that appears in the newsletters and/or marketing emails we send, by contacting the client services team on +442079938900 or by emailing firstname.lastname@example.org.
Please see the section about your rights for more details.
Sharing your Personal Information
There are a few circumstances in which we may provide your Personal Information to third parties.
In order to service your account and process transactions for your account, Millennium may provide Personal Information to its affiliates and to non-affiliated third party financial service providers that assist Millennium in servicing your account and have a need for such information, such as a broker-dealer or administrator. In addition, Millennium may share Personal Information with non-affiliated third party non-financial service providers, in order to process or service client transactions, products or reporting. Unaffiliated third parties in this instance may include service providers such as word processors and printers. Any such contract entered into by Millennium will include provisions designed to ensure as far as possible that the third party will uphold applicable data protection laws when handling Personal Information. Millennium may also disclose Personal Information to regulatory authorities as required or permitted by applicable law.
In the event that we are involved in the sale or transfer of some or all of our businesses, as part of that sale or transfer transaction, we may disclose your Personal Information to the acquiring organisation, but we will require the acquiring organisation to agree to protect the privacy of your Personal Information in a manner that is consistent with this Policy.
Millennium does not otherwise provide information about you to outside firms, organisations or individuals except at your request or to our lawyers, advisors, accountants and auditors and as permitted by law.
Transfer of personal data to non-EEA countries
Your personal information may be processed and stored outside of your jurisdiction or at a jurisdiction outside of the European Economic Area (“EEA”). Such processing may be carried out by background checking agencies, for purposes of conducting due diligence, employment screening and background checking, or by staff working for counterparty banks and prime brokers with whom we may transact on your behalf.
Where we transfer personal data to third parties outside of the EEA (“third-countries”), we will seek to ensure that it is protected and transferred in a manner consistent with any legal requirements applicable to the information. This can be done in a number of different ways, for instance the third country to which we send the personal information may be subject to an “equivalency decision” by the European Commission, or the recipient in a third country may have signed a contract based on “model contractual clauses” approved by the European Commission, obliging them to protect your personal information in accordance with the Data Protection Law applicable in the EU.
The Data Protection Law may also permit us to transfer personal information to third countries in other circumstances, such as where the data subject has provided explicit consent to such transfer.
Security and Retention of Personal Information
We implement security safeguards to protect Personal Information against loss or theft, as well as unauthorised access, disclosure, copying, use or modification, regardless of the format in which the information is held. We use physical, electronic, procedural, organisational and technological measures to protect Personal Information, such as locked filing cabinets, firewalls, encryption, and employee education.
We will keep Personal Information only for as long as it remains necessary for the purposes for which it was collected, or as required by law or regulation. We use secure means of disposing of Personal Information.
Links to Third Party Websites
Our Website may contain links that take you to other third party websites. These third party websites are not governed by this Policy but by their own privacy policies which may differ from ours. This Policy does not extend to the collection of Personal Information by these third parties and Millennium does not assume any responsibility for the privacy practices, policies or actions of third parties. We encourage you to review the privacy policies of each website visited before using these websites or disclosing any Personal Information to third parties.
How To Correct Your Personal Information
Millennium wants to make sure that the information that we have collected about you is accurate, complete and current. We rely on you to notify us immediately if at any time you become aware that the information we hold about you has changed or has become inaccurate in any way.
Your rights under GDPR
Subject to our own legal obligations GDPR provides you with the certain rights, including:
Right to know
You have a right to ask us to know what data we hold on you at any time. You can exercise your right by contacting our Compliance Officer via email at DL-Compliance@millenniumglobal.com.
Right to request correction
You have a right to request correction of the Personal Information that we hold about you. This enables you to have any incomplete or inaccurate information we hold about you corrected or updated.
Right to request erasure
You have a right to request erasure of your personal information. This enables you to ask us to delete or remove Personal Information where there is no good reason for us continuing to process it. You also have the right to ask us to delete or remove your personal information in exercise of your right to object to processing.
Right to object to processing
You have a right to object to processing of your Personal Information where we are relying on a legitimate interest (or those of a third party) and there is something about your particular situation which makes you want to object to processing on this ground. You also have the right to object where we are processing your Personal Information for direct marketing purposes.
Right to request restriction
You have a right to request the restriction of processing of your Personal Information. This enables you to ask us to suspend the processing of personal information about you, for example if you want us to establish its accuracy or the reason for processing it.
Right to request transfer
You have a right to request the transfer of your Personal Information to another party in certain formats, if practicable.
Right to make a complaint
You have a right to make a complaint to a supervisory body which in the United Kingdom is the Information Commissioner’s Office. The ICO can be contacted through this link: https://ico.org.uk/concerns/.
You may write or email our Compliance Officer at the address below to request access to Personal Information that we have about you or to obtain further information about our privacy policies or practices:
The Compliance Officer
Millennium Global Investments Ltd.
Cleveland House, 33 King Street
London SW1Y 6RJ, United Kingdom