The Asset Management Association Switzerland (AMAS) is to launch a Swiss Stewardship Code in October requiring institutional investors to be transparent about their investment processes.
Read More
Stewardship moves beyond box ticking The Financial Reporting Council (FRC) has published a new UK Stewardship Code which is due to come into effect on 1 January 2020. The revised Code has set a higher standard for how money is invested on behalf of UK savers and pensioners that the FRC said reflects “the changing […]
Read More
Environmental factors top list of investor priorities Environmental and corporate governance issues topped the list of biggest priorities for the UK’s largest investors – but stewardship engagement remains an area of concern, a report reveals. EY’s inaugural report into investor stewardship and engagement found that while investors and asset managers were most focused on environment […]
Read More
FRC promises corporate governance and reporting crackdown The Financial Reporting Council (FRC) is to expand its monitoring of corporate governance and reporting standards as it considers the effectiveness of its new governance code. In its annual report for the year ending 31 March 2019, the FRC said it will continue to tackle poor-quality audit work, […]
Read More
A Dutch stewardship code has been drafted by a group of pension funds, insurers and asset managers led by Eumedion, which represents the views of institutional investors on corporate governance and sustainability issues in the Netherlands. Eumedion, which is one of the seven supporting organisations of the Dutch corporate governance code said that developments in the EU […]
Read More
The UK’s Financial Reporting Council (FRC) has removed its tier three category of asset managers, which suggested they required improvement, in their adherence to its stewardship code. The FRC launched an assessment in December 2015 of the signatories to the code which was created in 2010. When the results of the assement were announced in November last […]
Read More
Australia’s Financial Services Council (FSC) which represents the country’s fund management and pensions industry has launched an Internal Governance and Asset Stewardship Standard for investment managers and asset owners. This is the first stewardship code introduced in Australia and the FSC noted that the country had lagged behind Asian markets including Japan and South Korea as […]
Read MoreKenya has adopted an investor stewardship code as part of its development as an attractive market for financial investment. The stewardship code was enacted by the country’s Capital Markets Authority which last year published a corporate governance code, developed in partnership with the World Bank Group. This code succeeded the earlier guidelines on corporate governance, which […]
Read MoreBoard diversity and gender pay equity were key themes for the 2017 proxy season in the US, according to the annual review by the EY Center for Board Matters. The report noted that this year’s proxy season was notable for the launch of the US stewardship code in February and the emergence of proxy access as standard […]
Read More
The US has moved a step closer to a national stewardship and governance code with the launch of the Investor Stewardship Group. The signatories and supporters of the $17 trillion group are now urging all institutional investors to join the framework. The framework includes a set of six corporate governance principles for companies to follow and six stewardship […]
Read More