Legal & Regulatory News

Asset Management Taskforce publish report on placing stewardship at the heart of sustainable growth

24 November 2020

The 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.