Our quantitative equity team aims to fulfil its stewardship responsibilities to further improve outcomes for the portfolios we manage for our clients. Stewardship is leveraged to address sustainability attributes such as climate, water usage, human rights, and other systemic sustainability issues, which are a focus of our stewardship objectives across various engagement approaches.

Shareholder Proposals

Shareholder proposals were evaluated individually based on their merits and potential impact on long-term shareholder value. Where proposals addressed material issues, we assessed whether existing company practices already addressed the concern and whether the requested action would provide meaningful incremental benefit to shareholders. Many proposals were opposed because we concluded that the proposal was unnecessary, overly prescriptive, duplicative of existing practices, or unlikely to enhance shareholder value.

Where we voted in favor of shareholder proposals, we strongly believe they would be additive to shareholder value.  Governance, Compensation and Social issues saw the strongest support.