This report shows public data only. Is this your organisation? If so, login here to view your full report.

Railways Pension Trustee Company Limited

PRI reporting framework 2020

You are in Indirect – Manager Selection, Appointment and Monitoring » Appointment

Appointment

SAM 04. Appointment processes (listed equity/fixed income)

04.1. Indicate if in the majority of cases and where the structure of the product allows, your organisation does any of the following as part of the manager appointment and/or commitment process

04.2. Provide an example per asset class of your benchmarks, objectives, incentives/controls and reporting requirements that would typically be included in your managers’ appointment.

Asset class

Benchmark

ESG Objectives

          The manager must comply with our exclusion lists as detailed previously.
        
          We set out our expectations in our Investment Management Agreements via our Statement of Investment Principles which are appended to all IMAs. The Trustee also has a set of publicly articulated Investment Beliefs available on our website: https://www.rpmirailpen.co.uk/trustees-beliefs/.
        
          We assess whether the manager is a signatory to the UK Stewardship Code.
        

Incentives and controls

Reporting requirements

Benchmark

ESG Objectives

          In private markets, the external managers’ approach to governance and sustainability is assessed on a year round basis by our investment managers.
        

Incentives and controls

Reporting requirements

04.3. Indicate which of these actions your organisation might take if any of the requirements are not met

04.4. Provide additional information relevant to your organisation`s appointment processes of external managers. [OPTIONAL]

          
        

Top