Published: July 23, 2024
We are thrilled to confirm that LGPS Central has once again retained its status as a signatory to the UK Stewardship Code, marking our fourth consecutive year of recognition by the Financial Reporting Council (FRC).
The UK Stewardship Code is the pinnacle of stewardship standards, offering comprehensive guidance for those managing investments on behalf of UK savers, pensioners, and their supportive institutions. At its core, stewardship involves the meticulous allocation, administration, and oversight of capital, ensuring lasting value creation for clients and beneficiaries. Additionally, it aims to generate sustainable benefits for the economy, environment, and society as a whole.
From the very beginning, LGPS Central has embedded responsible investment principles into the investment solutions we provide to our Partner Funds. We firmly believe that integrating responsible investment factors enhances long-term risk-adjusted returns, making it a crucial element of our investment process across all asset classes and mandates managed for our clients.
Sheila Stefani, our Head of Stewardship, said, “We are honoured to receive continued recognition from the FRC. Our stewardship approach reflects our continuous efforts to exercise our fiduciary duty and to excel in stewarding the assets managed on behalf of our supportive Partner Funds.”
For a comprehensive overview of our stewardship activities, please refer to our 2023 Annual Stewardship Report