Markets in financial instruments directive (MiFID)
BP Investment Management Limited (“BPIM”) is the in-house asset manager for the UK BP Pension Fund. BPIM is authorised and regulated by the Financial Conduct Authority.
In accordance MiFID II, BPIM is required to publish certain order execution data. This includes the disclosure of our top 5 execution venues (as a percentage of volume) and quality of execution obtained.
The MiFID II report will be available in 2018.
BPIM is a signatory to the financial reporting council’s stewardship code. Below is a link to BPIM’s stewardship code statement, including the firm’s conflicts of interest policy.