Sompo Japan Nipponkoa Asset Management's mission is to maximize investment returns on client assets we manage by investing in listed companies. In order to fulfil our fiduciary duties as an asset management firm, we also acknowledge that as an institutional investor, it is our responsibility to act as one end of the investment chain. Below describes how we see our social responsibility as an institutional investor and sets forth a code of conduct we promise to abide by.
1. Stewardship responsibilities:
Many of our clients and their ultimate beneficiaries whose assets we manage are stakeholders; connected to the investee companies as both final investors and as employees, consumers, and suppliers. This is why in order to fulfil our fiduciary duties to maximize returns for clients, our actions to enhance the value and promote sustainable growth of the investee companies must also contribute to sustainable development of society and the wider economy as a whole.
As an institutional investor we believe that we have a responsibility to take a strong interest not only in making profits but also in creating added value at the investee companies and the distribution process.
2. Responsibilities as a market participant:
The capital markets are essential public utilities which enable efficient distribution of resources by providing liquidity and price discovery functionality. In order to function properly, these markets require a large number of participants to engage freely in investment activity. Therefore, as one of the professional market participants who benefits from the existence of such markets, we recognize that our investment activities should be commensurate to the sound development of capital markets.
As an institutional investor, when we trade company stocks on the public capital markets, we believe that we have a duty to act on investment decisions supported by independent evaluation of medium-to long-term enterprise and stock value.