Absolute Return Investment Advisers (ARIA) Limited, ARIA SICAV P.L.C. , Absolute Return Investment Advisers (ARIA) Limited (Dubai Branch) and their affiliates (together, “ARIA”, “we”, “us”) jointly operate this website and are responsible for the processing of your personal data and are the joint data controllers for all such information. We regard your privacy as very important. Any personal information you provide to us through this website will be dealt with in accordance with this privacy policy, the Terms of Use of this website and any signed authority form that you give to us.
This privacy policy describes the information we may collect from you and the purpose for our collection of it.

Data Protection
As data controller, we take all necessary steps to comply with the applicable laws and regulations when handling any personal information.
Our Custodian, SEI Investments (Europe) limited and our custody agent, Fusion Wealth Limited may also be a Data Controller in relation to your personal data processed using the Fusion Wealth Platform Service. For more information on how SEI Investments (Europe) Limited process your personal data, you can review their policy here: SEI GDPR Privacy Notice. For more information on how Fusion Wealth Limited process your personal data, you can review their policy here: Fusion Privacy Policy.Please note that by clicking on these links, you will be taken to the websites provided by third parties over which We have no control and which will be subject to separate terms and conditions.
When you supply any personal information to us we will meet our legal obligations to you in the way that we deal with that information.
In accordance with the applicable laws and regulations, we are required to collect the information fairly and to let you know how we will use it and whether we will pass the information on to anyone else (see below).
We will comply with the Principles set out in the Data Protection Act 1998 and the GDPR and we will ensure all personal information supplied to us is held securely.
We will ensure that any information will be held only as long as is necessary to ensure our service runs smoothly.
We use up to date industry procedures to keep personal data as safe and secure as possible against loss, unauthorised disclosure or access.
You have a right to access the information we hold about you. Should you wish to obtain a copy of the personal data we hold on you please write to the Compliance Officer, at ARIA Capital Management, Building 2, Ground Floor, Guildford Business Park, Guildford, GU2 8XG. As soon as we are satisfied as to your identity we will send you, within a month of receipt of your written request, a copy of all the data we hold concerning you. Please contact us at the same address if you have any reason to believe the data we hold on you is inaccurate.

What personal information do we collect and why do we collect it?
We will collect only the personal data for agreed purposes. For the purpose of opening an account with us or providing investment services by us, we will request the personal data from you. We are also obliged to comply with the laws and regulations related to anti-money laundering, counter terrorist financing and other financial crimes. We process many categories of personal data, including as appropriate for the services we are providing to you:

• Contact details, such as your title, name, residential address, email address, telephone number
• Investments and other financial and transactional data, such as bank account information
• Other personal data such as date of birth, NI, passport number and any information provided to Us as part of declarations, platform agreement, subscription
forms or by filling in any forms
• Record of correspondence and communication with you as required by various regulations in relation to provision of financial services
• Details of your access to certain ARIA services, including your IP address, information viewed or searched for, page response times, lengths of visit, login information, browser type and version, traffic data, location data, weblogs and other communication data, and the resources that you access, so We may compile statistics relating to your use of ARIA service.

For certain services provided by us, the provision of your full name, postcode, e-mail address, date of birth, tax identification, primary passport country, nationality and country of birth, together with confirmation of whether you are a US Person (as defined in the ARIA IP Terms and Conditions) and/or a PEP are all required from you in order to register you on ARIA IP.

When submitting general enquiries, your name and e-mail address are required from you to enable Us to respond to your enquiry.

We will inform you at the point of collecting information from you, whether you are required to provide any other information to Us.

What we do with your personal data
We rely on the fulfilment of Our contractual obligations as the lawful basis for processing your personal data. This may be pursuant to any terms and conditions or end user licence agreements you have entered into with us.

We also rely on “legitimate interests” for processing your personal data. The legitimate interest is processing your personal data as part of the performance of Our contract with your Adviser or is responding and contacting you regarding any enquiries you make in relation to any services We offer.

Purpose of processing
We use information held about you in the following ways:
• To provide you with the selected ARIA services.
• To ensure that content on our services is presented in the most effective manner for you and for the device(s), you use to access and use our service.
• To set up and administer your accounts or those accounts provided via third parties relating to the use of our service.
• To send you statements, information relating to transactions that have taken place through ARIA IP service and providing periodical valuations relating to your
• To send you service, support and administrative messages, reminders, technical notices, updates, security alerts, and information requested by you.
• To operate, protect, improve and optimise ARIA services, Our business, and Our users’ experience, such as to perform analytics, conduct research, personalise or
otherwise customise your experience, and for advertising and marketing.
• To respond to any enquiries you submit to Us;
• To carry out Our obligations arising from any contracts entered into between you and Us.
• To make payment to Advisers and other contracted third parties on your behalf.
• As part of Our efforts to keep our services safe and secure.
• To complete electronic ID verification checks as We are required to do by applicable law.

In addition to the above uses We may use your personal data to notify you about additional services provided by us which may be of interest to you. For such uses We will only contact you by electronic means (e-mail) if you have provided Us with your email address when We collect your personal data.

If you do not want Us to use your personal data in this way please either (i) tick the relevant box situated on the form or page on which We collect your personal data (for example, a registration form or a website page); (ii) unsubscribe from our electronic communications using the method indicated in the relevant communication; or (iii) inform Us at any time by contacting Us at the contact details set out below.

ARIA uses cookies to help provide the best website experience and make our website easy to use.
A cookie is a small text file that is downloaded onto your device (like a tablet or computer) when you access our website. It allows our website to recognise your device and store some information on your preferences and past actions.

You can read more about cookies that we use here:

Where you are a person who has not attained the required age to provide valid consent to the processing of your personal data (as determined by applicable law), any processing of your personal data will be subject to the consent of your appointed legal guardian.

Third Party Marketing
We will not sell, share or pass your personal data to a third party for marketing purposes unless you have expressly consented to Us doing so.

If you do not wish to be contacted about or receive marketing information from us send an e-mail to or write to The Data Protection Officer at the address set out above. Alternatively, please follow the unsubscribe link located within the e-mail marketing correspondence.

To whom will we supply your personal data?
Any personal data provided by you to us at any time will be processed in accordance with the applicable laws. We will mainly use your personal data in connection with the provision of our services to you. Your personal data may be disclosed to your appointed Adviser, our custody agent Fusion Wealth Limited and our custodian, SEI Investments (Europe) limited. In addition to these, we may pass your personal data to our third party service providers, agents, subcontractors and associated organisations for the purposes of: (a) completing tasks and providing services to you on our behalf and (b) storing, protecting and securing your personal data. We may also disclose your personal data to third parties if we are under a duty to disclose or share your personal data in order to comply with any legal or other regulatory obligation, including the orders of the FCA, MFSA or any court of competent jurisdiction and/or to protect our rights, property, or safety or that of our affiliated entities and our users and any third party we interact with to provide our services.

Other than as set out above, and save insofar as is necessary in order for Us to carry out Our obligations arising from any contracts entered into between you and Us, We will not share your data with third parties unless We have procured your express consent to do so.

International Transfers
All information We hold about you is stored on Our secure servers within the EEA or in UAE.

The data that We collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). By submitting your personal data, you agree to this transfer, storing or processing. We will take all steps reasonably necessary to ensure that your data is held securely and in accordance with this Policy. Countries outside the EEA do not have the same data protection laws as the United Kingdom and EEA and We have therefore ensured that our affiliated companies outside EEA and any of our suppliers who may transfer your personal data outside the EEA has put in place appropriate measures to protect your data, either by being a member of the US-EU Privacy Shield, or by entering into a European Commission approved contract (as permitted under Article 46(5) of the General Data Protection Regulation).
If you would like further information, please contact your Adviser. You may also contact Us using the contact details below. We will not otherwise transfer your personal data outside of the EEA or to any organisation (or subordinate bodies) governed by public international law or which is set up under any agreement between two or more countries.

Errors and Omissions
If you believe that the information we hold on you is incorrect, please email We will review your record as soon as possible.

Links to other websites
This Privacy Policy only extends to this website and does not therefore extend to your use of, provision of data to and collection of data on any website not connected to Absolute Return Investment Advisers Ltd to which you may link by using the hypertext links within this website.

Changes to this Privacy Policy
We may edit or amend this Privacy Policy from time to time. If we make any substantial changes in the way we use your personal information we will notify you by posting a prominent notice on the Home page of our website.

Contacting Us and Complaints
If you have any questions about our Privacy Policy or any other aspect of this website or any services provided by ARIA Capital Management or affiliated companies, please contact us at:
ARIA Capital Management, Building 2, Ground Floor, Guildford Business Park, Guildford, GU2 8XG Telephone (UK): 0203 137 3840
Telephone (UAE): +971 4325 2800
Office Opening Times: 9.00am – 5.30pm

The General Data Protection Regulation also gives you right to lodge a complaint with a supervisory authority, in particular in the European Union (or European Economic Area) state where you work, normally live or where any alleged infringement of data protection laws occurred.
• The supervisory authority in the UK is the Information Commissioner who may be contacted at or telephone: 0303 123 1113.
• The supervisory authority in Malta is the Office of the Information and Data Protection Commissioner who may be contacted at

ARIA Capital Management is a trading name of Absolute Return Investment Advisers (ARIA) Limited. Office: Building 2, Ground Floor, Guildford Business Park, Guildford, GU2 8XG. Absolute Return Investment Advisers (ARIA) Ltd is authorised and regulated by the Financial Conduct Authority.
The investments underlying the Company and its sub-funds do not take into account the EU criteria for environmentally sustainable economic activities.


The information on this site is issued by ARIA CAPITAL MANAGEMENT. ‘ARIA’ and ‘ARIA CAPITAL MANAGEMENT’ are TRADING NAMES of ABSOLUTE RETURN INVESTMENT ADVISERS (ARIA) Limited, who are authorised and regulated by the Financial Conduct Authority in the UK, with Firm Reference number 527557. A Limited Company registered in England and Wales No: 7091239. Contact Address: Ground Floor, 2 Bell Court, Leapale Lane, Guildford GU1 4LY. Telephone: +44 (0)203 137 3840 The information on this site is directed only at persons or entities in any jurisdiction or country where such access to information contained herein and use thereof is not contrary to local law or regulation. In particular, the information on this site is not directed at any person in the United States and this site is not intended to be used by any person in the United States. Accordingly, all persons who access this site are required to inform themselves of and to comply with any such restrictions. Sales Restrictions United Kingdom: there are funds referred to on this site, which are not recognised collective investment schemes for the purposes of the Financial Services and Markets Act 2000 of the United Kingdom (the 'Act'). The promotion of such investment funds and the distribution of offering materials in relation to such funds in the United Kingdom are accordingly restricted by law. The information contained on the restricted part of this site (the 'Intermediary Centre') is directed only at persons to whom such investment funds may lawfully be promoted by a person authorised under the Act (an 'authorised person') by virtue of Section 238(5) of the Act and Chapter 4 (part 12) of the FCA New Conduct of Business Sourcebook. Investors in the investment funds referred to in the Restricted Area will not benefit from the rules and regulations made under the Act for the protection of investors, nor from the Financial Services Compensation Scheme. Shares in the investment funds referred to in the Intermediary Centre are not dealt in or on a recognised or designated investment exchange for the purposes of the Act, nor is there a market maker in such shares, and it may therefore be difficult for an investor to dispose of his shares otherwise than by way of redemption. General: it may be illegal to access or download the information contained in this site in certain countries and ARIA disclaims all responsibility if you access or download any information from this site in breach of any law or regulation of the country in which you are residing. Access to the Intermediary Centre requires possession of a valid password and no other person should attempt to gain access to it. An application for shares in the investment funds referred to on this site should only be made having read fully the relevant prospectus and other information contained on this site. It is your responsibility to use such documentation and by making an application you will be deemed to represent that you have read such applicable documentation and agree to be bound by its contents. No Advice The information on this site is provided solely on the basis that you make your own investment decisions and does not constitute a personal recommendation or investment advice. Should you have any queries about the investment funds or services referred to on this site, you should contact your financial adviser. Taxation will depend on an individual financial circumstances and the country of residence. Please seek professional advice in relation to any taxation issues which may arise from your interest in investment funds or services referred to on this site. Risk Factors Past performance may not be repeated and should not be seen as a guide to future performance. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested. Because of this, you are not certain to make a profit on your investments and you may lose money. Exchange rates may cause the value of overseas investments and the income arising from them to rise or fall. The levels and bases of and reliefs from taxation may change. Any tax reliefs referred to are those currently available and their value depends on the circumstances of the individual investor. Investors should consult their own tax adviser in order to understand any applicable tax consequences. ARIA has taken every step to ensure the accuracy of the information and statistics on this site and within its literature but cannot accept any liability for errors or any direct or consequential loss arising from the use of this document or its contents. Before taking any action you should consult your financial adviser as to the suitability to you of any investments or services mentioned on this site or within any literature available on this site. Accuracy of Information The information contained on this site (including any expression of opinion or forecast) has been obtained from, or is based on, sources believed by ARIA to be reliable, but is not guaranteed as to its accuracy or completeness. Such information is provided without obligation on the part of ARIA and its associated companies and on the understanding that any person who acts upon it or changes his investment position in reliance on it does so entirely at his own risk. The information contained on this site does not constitute an offer to buy or sell or an invitation to make an offer to buy or sell shares in any investment funds referred to herein. Information posted on this site is current only as at the date it is first posted and may no longer be true or complete when viewed by you. All information contained on this site may be changed or amended without prior notice although ARIA does not guarantee to update this site regularly. No Liability No representation, warranty or undertaking is given as to the accuracy or completeness of the information contained on this site by ARIA or any of its associated companies and no liability is accepted by such persons for the accuracy or completeness of such information. In no event will ARIA or any of its associated companies be liable to any person for any direct, indirect, special or consequential damages arising out of any use of the information contained on this site, or on any other hyper-linked site, including, without limitation, any lost profits, business interruption, loss of programs or data on your equipment, or otherwise, even if ARIA is expressly advised of the possibility or likelihood of such damages. This does not exclude or restrict any duty or liability that ARIA has to its customers under the regulatory system in the United Kingdom. You should be aware that the Internet is not a completely reliable transmission medium. ARIA does not accept any liability for any data transmission errors such as data loss or damage or alteration of any kind, including, but not limited to any direct, indirect or consequential damage, arising out of the use of the products or services referred to herein. This does not exclude or restrict any duty or liability that ARIA has to its customers under the regulatory system in the United Kingdom. Indemnity You agree to indemnify, defend, and hold harmless ARIA, its affiliates and licensors, and the officers, partners, employees, and agents of ARIA and its affiliates and licensors, from and against any and all claims, liabilities, damages, losses, or expenses, including legal fees and costs, arising out of or in any way connected with your access to or use of this site or any literature available on this site. Material Interest ARIA and its partners, officers and/or employees may have holdings in the investment funds referred to on this site and may otherwise be interested in transactions that you effect in those funds. Linked Websites This site may be linked to third party websites or contain information provided by third parties. ARIA does not make any representation as to the accuracy or completeness of such websites or information, has not and will not review or update such websites or information, and cautions browsers that any use made of such websites or information is at their own risk. ARIA does not accept any liability arising out of the information contained on any linked website or information on this site provided by a third party and the use of such sites and information is at your own risk. This does not exclude or restrict any duty or liability that ARIA has to its customers under the regulatory system in the United Kingdom. Copyright, Trademarks and Other Rights Copyright, trademarks, database rights, patents and all similar rights in this site and the information contained in it are owned by ARIA, its licensors or relevant third party content providers. You may use the information on this site and reproduce it in hard copy for your personal reference only. Such information may not otherwise be reproduced, distributed or transmitted to any other person or incorporated in any way into another database, document or other materials. Nothing on this site should be considered as granting any licence or right under any trademark of ARIA or any third party. Privacy and Cookies Please refer to ARIA’s Privacy Policy for full details. FRC Stewardship Code The Stewardship Code (“the Code”), which has been published by the Financial Reporting Council, sets out principles for institutional investors in relation to engagement with the companies in which they have invested. The FCA’s regulations oblige any firm which manages investments for institutional clients to publicly disclose the nature of its commitment to the Code, or where it does not commit to the Code its alternative approach. ARIA’s investment strategy, notwithstanding that this may vary depending on the mandate received from the client, is in general such that the firm does not consider it to be appropriate for it to engage directly with companies in which it invests. The scale on which the firm manages investments for institutional clients is such that engagement would not be cost-effective and appropriate for those clients. The firm does not consider that those institutional clients for whom it manages investments expect engagement.