“Stewardship is the responsible allocation, management & oversight of capital to create long-term value for clients & beneficiaries leading to sustainable benefits for the economy, the environment and society.”
The UK Stewardship Code
We are fully supportive of the UK Stewardship Code and the development of global stewardship best practice that will enable the effective oversight of all the companies in which we invest, including the exercise of our rights as a shareholder. However, Brunel believes in being a good steward in all asset classes and will apply a tailored approach appropriate to each portfolio.
Brunel will set engagement objectives linked to the priority themes with its overlay engagement provider and each manager. Clients will receive quarterly engagement updates.
As part of owning publicly listed companies, Brunel, on behalf of its clients, will have the opportunity to vote at company meetings. To provide guidance, Brunel will have its own single set of voting guidelines for all assets managed by Brunel in segregated accounts. Brunel will publish its voting guidelines and provide online voting records on a quarterly basis.