Stewardship: What is it and why should asset owners care?

Are you acting as a good steward of the assets held on behalf of your beneficiaries?

Stewardship goes beyond merely investing money and aims to ensure that assets are being managed appropriately and in the best interests of those who ultimately benefit from them.

Until recently, stewardship might have been thought of as something quite limited. However, last year the UK’s Financial Reporting Council widened its interpretation of stewardship and strengthened its expectations of asset owners. Its relevance for investments stretches from the very local – eg voting on an individual company resolution – to the global – eg how to make companies and markets more resilient in the face of systemic issues such as pandemics and climate change.

Watch our on-demand webinar to hear our panel’s perspectives on why stewardship matters and what it looks like in practice.

The session is chaired by Matt Gibson, our Head of Manager Research, and features:

• Tegs Harding – a Director at Independent Trustee Services (ITS) and Chair of the Association of Professional Pension Trustees (APPT) Responsible Investment and Climate Change Committee.
• Manuel Isaza – a Director in BlackRock's Investment Stewardship (BIS) team. In this role, he is responsible for engagement and voting in a number of EMEA markets on behalf of BlackRock's clients globally.
• Paul Gibney – a Partner at LCP, head of LCP’s equity and macro-economic research, and member of LCP’s responsible investment team and Stewardship Group.

The session is aimed at asset owners of all types and sizes, including DB and DC pension schemes, charities, insurers and sovereign funds.

Duration

1 hour (inc Q&A)