SSGA's Asset Stewardship Team works closely with representatives from SSGA’s investment teams includings members from our Passive Equity, Active Fundamental Equity Team, and Fixed Income teams . Together we conduct joint engagements with companies and, from time-to-time, the Asset Stewardship Team provides insights gleaned from collaborative and individual engagements to portfolio managers and to members on SSGA’s Investment Committee, a group that oversees all investment decisions in the organization.
Furthermore, the Asset Stewardship Team shares insights it gain through engagement and proxy voting on macro and industry trends with members of SSGA’s investment teams. This includes but is not limited to topics such as the governance trends in emerging markets.
In 2016, the Asset Stewardship Team co-published a paper Navigating Conglomerate Governance: Through the Lens of the Korean Chaebol with a portfolio manager from the active fundamental team. This paper highlight the corporate governance challenges of investing in Korean Chaebols and provides guidance on evaluating conglomerate governance.