Describe your organisation’s investment principles and overall investment strategy, and how they consider ESG factors and real economy impact.
We believe asset managers should act as owners. We create value by identifying high-quality companies and engaging directly with them to encourage long-termism, strong corporate governance and sustainability leadership. We are convinced that high-quality companies with the best corporate citizenship will be the most profitable over the long term. Therefore, we fully integrate extra-financial factors (including environmental, social and governance) into our financial framework. Our view is that engagement is particularly effective if undertaken over the long term in partnership with management. We therefore invest and engage with a ten-year investment horizon. Our portfolio is comprised of 20-25 high-quality companies. This focused approach allows us to gain a deeper understanding of investee companies and engage with management teams. We help investors meet their responsibility to act in the long-term interests of their beneficiaries and invest across generations by engaging with the companies they own to enhance their long-term success. Our pension fund heritage means we understand the unique challenges facing asset owners with long-term liabilities and our track record demonstrates that we have a history of delivering consistent performance to meet and exceed those obligations.
Provide a brief description of the key elements, any variations or exceptions to your investment policy that covers your responsible investment approach. [Optional]