Website Terms and Conditions
Please read these terms and conditions carefully. They govern our relationship with you in relation to this website. If you have any questions about them or do not wish to accept them, please contact us at before using this website.

This website should only be accessed by persons or entities domiciled in the UK, the countries of the European Union, Switzerland, Hong Kong, Singapore or Australia that fall within: (a) the definition of “Experienced Investor”, as defined in the Gibraltar Financial Services (Experienced Investor Funds) Regulations 2012 and (b) either “Eligible Counterparties” or “Professional Clients”, as defined in the FCA’s rules. All persons entering this website will be treated as (at minimum) Professional Clients for this purpose. In any case this website is not intended to be accessed by any persons or entities domiciled in the US or in any jurisdiction where this would be contrary to local law. If you are not permitted to access this website in accordance with the above provisions, please do not continue to use it.

We may change these terms and conditions at any time by updating this page. You should check this page from time to time to review these terms and conditions to ensure you are happy with any changes. Using or accessing this website or clicking ‘Accept’ below indicates your acceptance of these terms and conditions. If you do not accept these terms and conditions, please do not continue to use this website.

We are Hilltop Fund Management LLP (“Hilltop”), a limited liability partnership registered in England and Wales at Companies House. Our registered and operational office is 6 Adam Street, London WC2N 6AD and our registered number is OC344441. We are regulated by the Financial Conduct Authority (“FCA”).

You can contact us by email at or by telephone on +44 (0)20 7788 7799.

The website to which these terms and conditions apply and for which we are responsible is and all related microsites. This website has not been approved by the FCA, the Gibraltar Financial Services Commission or by the securities regulatory authority of any other state or jurisdiction.

We have made this website available to you for your own personal use. We retain the right, without any obligation, to modify, update, withdraw or deny access to this website at any time and without notice. If the need arises, we may suspend access to this website or close it indefinitely.

This website and all the materials contained in it are protected by intellectual property rights, including copyright, and either belong to us or are licensed to us to use. Materials include, but are not limited to, the design, layout, look, appearance, graphics and documents on the website, as well as other content such as articles, private placement memoranda and other text. ‘Hilltop Fund Management’ is the unregistered trademark of Hilltop and forms part of the materials contained on the website.

You may not copy, redistribute, republish or otherwise make the materials on this website available to anyone else without our consent in writing.

You may print off one copy, and download extracts, of any page(s) from this website for your own personal use and you may draw the attention of other individuals within your organisation to the website for their personal information provided that:

no materials are modified in any way;
no graphics are used separately from accompanying text;
our copyright and trademark notices appear in all copies and you acknowledge this website as the source of the material;
you do not copy, redistribute, republish or otherwise make the materials on this website available, directly or indirectly, to any persons who are not permitted to access the website under these terms; and
the persons to whom you provide these materials are made aware of these restrictions.


These terms and conditions do not exclude our liability (if any) to you for:

personal injury or death resulting from our negligence;
fraud and fraudulent misrepresentation; and
any matter for which it would be illegal for us to exclude or to attempt to exclude our liability.

We do not guarantee that this website will be compatible with all or any hardware and software which you may use.  We do not guarantee that this website will be available all the time or at any specific time.

No undertaking, representation, warranty or other assurance, express or implied, is made or given by or on behalf of Hilltop or any of its partners, employees, agents or advisers or any other person as to the reliability, accuracy or completeness of the information, opinions, advertising, data or other materials contained on this website and no responsibility or liability is accepted by any of them for any such information, opinions, advertising or data.

We are only liable to you for losses which you suffer as a result of a breach of these terms and conditions by us.  We are not responsible to you for any losses which you may incur which were not a foreseeable consequence of us breaching these terms and conditions, for example if you and we could not have contemplated those losses before or when you accessed this website.  Our liability to you whether under tort (including negligence), breach of these terms and conditions, breach of statute or otherwise shall not in any circumstances include any business losses that you may incur, including but not limited to:

lost data;
lost profits;
lost revenue;
loss of anticipated savings; and/or
business interruption.

The information contained on this website is given solely for information and/or marketing purposes. This information has been produced based on our research and analysis and represents Hilltop’s house view.

While we try and ensure the information contained on the website is accurate and up to date, we cannot be responsible for any inaccuracies in the information. We are under no responsibility to provide you with access to any additional information or to update this website, even if inaccuracies become apparent.

No person, especially those who do not have professional experience in matters relating to investments, may rely on the contents of this website. Retail investors should not enter this website, rely on or act upon its contents. No responsibility is accepted by Hilltop or any of its partners for any action taken on the basis of the content of this website (to the extent permitted by applicable laws/regulatory rules). Our liability to you as explained above remains unaffected by this.

Any marketing material on this website which relates to a collective investment scheme or mutual fund shall (unless otherwise stated in that marketing material) relate to a fund that is not regulated by the FCA. Investors in such a fund will not necessarily receive the protections available under the FCA’s Rules.

Past performance is not indicative of future results. The value of investments may fall as well as rise and investors may not get back the amount invested. Changes in rates of foreign exchange may cause the value of investments to go up or down. No representation is being made that any investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided.

Any application to acquire an interest in a fund mentioned on this website should be made on the basis of the information and opinions contained in the relevant offering document, as and when such a document becomes available, which may be different from the information and opinions contained on this website.

Nothing on this website should be regarded as an offer or solicitation to buy or sell any investment(s) or an offer to provide investment services or as a comment on the merits of engaging in any investment transaction or activity or an inducement to do so in relation to any fund or entity advised and/or managed by Hilltop or otherwise.

No investment or tax advice is being given on this website. If you are in any doubt as to the matters contained on this website you should consult an authorised person specialising in advising on the type of investments managed by Hilltop.

We may link to other websites which are not within our control. We are not responsible for these websites in any way and accept no responsibility for any loss or damage which may arise from your use of them. It is your responsibility to check the terms and conditions and privacy policy on any other website which you visit.

You may link to this website from another website only if you comply with the following guidelines:

you may not create a frame or any other border around the website;
no graphics are used separately from accompanying text;
the site from which you wish to link must comply with all relevant laws and regulations and must not contain content which may be considered to be distasteful or offensive; and
you must not imply that we endorse or are associated with any other website, product or service.


We reserve the right to withdraw linking permission without notice. If you wish to make any use of material on our website other than set out above, please address your request to

Nothing on this website is intended to be nor should be construed as an offer to enter into a contractual relationship with you or anyone else, except for these terms and conditions which govern the relationship between us in relation to your use of the website.

If you make a contract with a third party who is named or referred to on this website, it is your responsibility to ensure that the terms of that contract are acceptable to you and to take legal advice if necessary.

You must not misuse our site by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful. You must not attempt to gain unauthorised access to our site, the server on which our site is stored or any server, computer or database connected to our site. You must not attack our site via a denial-of-service attack or a distributed denial-of-service attack. By breaching this provision, you would commit a criminal offence under the Computer Misuse Act 1990.

The formation, existence, construction, performance, validity and all aspects whatsoever of these terms and conditions or of any term of these terms and conditions will be governed by the law of England and Wales.
The English and Welsh courts will have non-exclusive jurisdiction to settle any disputes which may arise out of or in connection with these terms and conditions or use of the website.