Describe any specific features of your approach to responsible investment that you believe are particularly innovative.
Better ESG Engagement Outcomes - our policy is that investment managers have a duty to use their influence as a shareholder/asset manager in order to achieve better investment outcomes over the long term. This includes ESG issues. This engagement is possible due to our large experienced equities team, and more effective due to our size (we often own 10-15% of small companies) which gives us unparalleled access to (and influence with) company management and Boards. Thus we are able to formulate and execute innovative engagement strategies to leverage better shareholder outcomes, for example:
- sharing our industry knowledge and contacts with the company to facilitate change, e.g. to company Boards;
- influencing AGM (shareholder voting) issues;
- calling our own shareholder meetings; and
- public campaigns on ESG (using media), etc.