Our Investment Stewardship

We aim to be a responsible and trusted steward of the assets we manage on behalf of client pension funds.

This begins with clear standards, policies and procedures for sourcing, selecting, and monitoring investments, and extends to how we manage assets, fulfil the responsibilities of asset ownership and report on our activities.

Environmental, Social and Governance (ESG) integration

We recognise that companies with sound corporate governance practices, including how they manage the environmental and social aspects of their operations, are more likely to manage risks and opportunities effectively. We look for strong ESG characteristics in prospective investments and we monitor and engage with investee companies where they need encouragement to adopt the robust business practices we believe are consistent with sustainable, long-term value.

We believe that it is over the longer term that ESG risks and opportunities tend to be material. Our clients are long-term investors and, on their behalf, we are active owners, reviewing investments and applying appropriate standards to identify where there are issues that require us to engage with investee companies.

We actively seek partnerships with like-minded investors where we can collaborate to achieve greater collective influence. We participate in a network of groups as an asset manager representing institutional asset owners. We engage with other investors, companies, asset managers, industry groups, standard setters, regulators and government to urge positive change and advocate progressive policy.

We are committed to reporting on our Responsible Investment activities. Our annual Responsible Investment Report provides insights and we share more granular detail annually as a signatory to the Principles of Responsible Investment. We also disclose in line with the UK Stewardship Code and the recommendations of the Taskforce on Climate related Financial Disclosure (TCFD).