Legal disclosures

Legal Disclaimer

The information contained on this website is for information purposes only and not intended to constitute any offer to sell or the invitation or solicitation of an offer to buy any investment product by Capital Systematics Ltd or by any subsidiary, holding company or affiliate of Capital Systematics Ltd and should not be relied upon in connection with any investment decision.

No partner, employee, director or other officer of Capital Systematics Ltd or any of its affiliates (whether individually or collectively) gives any representation or warranty as to the accuracy, reliability, or completeness of any of the information contained on this website nor any documents that may be offered for download on it (collectively the "Information") nor as to the appropriateness of the Information for any use which any recipient may choose to make of it, nor accepts any responsibility for updating any part of the Information or for correcting any material error or omission which may become apparent after Information has been displayed on this website. Except insofar as liability under any statute cannot be excluded, no partner, employee, director or other officer of Capital Systematics Ltd or any of its affiliates (whether individually or collectively) nor any of its consultants accept any liability (whether arising in contract, or tort, or negligence or otherwise) for any error, omission or misrepresentation in relation to the Information or for any loss, damage, cost or expense (whether direct, indirect, consequential or otherwise) suffered by the recipient of the Information or any other person as a result of any use of or reliance upon the Information or any statement of any kind (including statements of fact or opinion) contained in or to be found upon this website.

This website is the property of Capital Systematics Ltd. The information on this site is not intended for distribution to or use by any personal entity in any jurisdiction or country where such distribution would be contrary to local law or regulation. Certain services may be available only to clients in the UK and EEA Countries only, and may be available to US persons only if said persons are introduced to Capital Systematics Ltd by an NASD broker-dealer or by an attorney acting on their behalf.


The following comprises the required disclosure of the Firm’s remuneration policy under the revised Capital Resources Directive (CRD3).

As a BIPRU limited license firm that carries out only agency business and does not put its balance sheet at risk, Capital Systematics is classified as a Tier 4 business under the remuneration rules.

Capital Systematics therefore is not required to comply with the rules on deferral of bonuses, on the payment of bonuses in shares or on the proportion between cash and shares. Specifically, we are permitted in accordance with the published views of the FCA under the remuneration principles proportionality rule to disapply the following rules:

Retained shares or other instruments (SYSC 19A.3.47R)

Deferral (SYSC 19A.3.49R)

Performance adjustment (SYSC 19A.3.51R)

Ratios between fixed and variable components of total remuneration (SYSC 19A.3.44R)

In addition, Tier 4 businesses are exempt from the requirement to have an independent remuneration committee. All decisions concerning remuneration are made by the Firm’s governing body (or those of its ARs). Tier 4 businesses are also exempt from the requirement to publish quantitative data on remuneration.

Our remuneration policy is that investment professionals at all levels are compensated with salaries or contractor’s fees, and where appropriate and consistent with solvency, liquidity requirments and sound risk management, may be additionally compensated for their and the Firm’s performance in cash or in shares out of the Firm’s retained profits (or the revenue or retained profits of its ARs) at the discretion of the governing body of the Firm (or those of its ARs).

Website Terms and Conditions

Applicability of these Terms and Conditions

By using this website you accept these terms and conditions of use. If you do not accept them, you must not use this website. Capital Systematics Ltd reserves the right to change these terms and conditions without notice.


While every effort has been made to provide clear, accurate, up to date and complete information, this website and its content are provided ‘as is’ without warranties of any kind, expressed or implied, including accuracy, timeliness and completeness. Capital Systematics Ltd does not guarantee that the website will be available without interruption or free from risks to the user’s information technology systems, and accepts no liability whatsoever for any loss or damage associated with its use.

The information contained on the website has been prepared for general guidance only. It does not constitute professional advice. Capital Systematics Ltd does not accept liability or responsibility for loss (personal or business) occasioned to any person acting or refraining from action as a result of any information contained on this website.

The website may contain hypertext links to third party websites. Capital Systematics Ltd cannot provide any warranty (express or implied) as to the accuracy or source of information contained on these third party websites. Links from the Capital Systematics Ltd website to third party websites do not constitute any endorsement of these third party companies or organisations and are provided purely as a convenience to our users.


This site is not directed at any person in any jurisdiction where for any reason the publication or availability of this site is prohibited. Those in respect of whom such prohibitions apply must not access this site. These terms are governed by and shall be construed in accordance with the laws of England and Wales and the parties agree to submit to the jurisdiction of the English courts.


Copyright and all intellectual property rights in the content of this site are vested in Capital Systematics Ltd and reserved, unless indicated otherwise. The content of this site belongs to Capital Systematics Ltd unless indicated otherwise. Any unauthorised use of any material on the website may violate copyright, trademark and other laws. Materials on this website may not be modified, reproduced or publicly displayed, performed or distributed or used for any public or commercial purposes.


As a visitor, you do not have to submit any personal information in order to use the Capital Systematics Ltd website. However Capital Systematics Ltd may, in the normal course of monitoring website use and improving its services, track and process information and data in relation to use of the site using "cookies", and may collect user IP addresses, track pages visited and record other customary usage data. Capital Systematics Ltd does not disseminate this information to anyone but its officers, employees and contractors. Capital Systematics Ltd takes reasonable precautions to preserve security and integrity of its website but cannot guarantee the security of website use information absolutely. Note that most browsers allow users to block the use of cookies if they so wish. For any questions regarding Capital Systematics Ltd’s privacy policy, please contact the firm at the email address above.

Use of email

Although Capital Systematics Ltd takes due care to protect the security of communications with us, please be aware that we cannot guarantee that such communications will remain confidential before they have arrived in or after they have left our systems.

Please contact Capital Systematics Ltd at with any questions regarding these Terms & Conditions.