Legal & Regulatory News
Asset Management Taskforce publish report on placing stewardship at the heart of sustainable growth
24 November 2020The Investment Association has published a report, produced by the HM Treasury-led Asset Management Taskforce (the Taskforce), on placing stewardship at the heart of sustainable growth.
The report outlines a series of 20 recommendations which would assist market participants, such as investment managers and asset owners, to expand their stewardship activity across different asset classes, including bonds, and create a Council of UK Pensions Schemes to support higher standards of pension stewardship. The recommendations are arranged in three pillars to support stewardship throughout the investment chain:
- stewardship behaviours;
- stewardship for clients and savers; and
- an economy-wide approach to stewardship.
Click here to access the report.