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billion of pension fund assets, as of 30 June 2024, and manages seven investment-pooling vehicles across seven asset classes: global equities, fixed income, infrastructure, real estate, private equity, credit and alternatives. Deakin is a strong advocate of the code. LPPI, for example, is responsible for £26.3
Proposed revision to stewardship definition seen as potentially weakening ambition and fostering distance between investment decisions and their impacts. A tweak to the Financial Reporting Council’s (FRC) definition of stewardship in a proposed update to the UK StewardshipCode has been received with alarm by asset owners and managers.
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