Description
Role Purpose
Support our stewardship initiatives in London by leading on the execution of our global engagement plan; support engagement activity of local active managers and ESG team colleagues. Assist other stewardship activity, including ESG integration, voting, client reporting and policy.
Managing a large number of engagements with different companies across a range of issues.
Contributing to the development of stewardship activity, in the face of competing demands upon resources & direction.
Delivering concise and compelling engagement summaries where position holder has not always been a participant.
Role context
AMG's vision is to be the leading asset manager for HSBC's clients. Amongst other things, this means that AMG must discharge our commitments as a signatory of the UN Principles for Responsible Investment and UK Stewardship Code, including the belief that "environmental, social and corporate governance issues can affect the performance of investment portfolios".
In 2015 AMG's EXCO reviewed our stewardship practices against changing/growing client expectations and the practices of competitor firms.
The AMG EXCO decided to increase resources in targeted areas, including corporate engagement, in order to improve our standards, ie:
- To upgrade and increase the formality of corporate engagement
- Systematically, to engage companies according to ESG themes, & risk highlighted by ESG minesweeper
- To engage on an 'ad hoc' basis, as required by investment teams
- To report on engagement and its outcomes
- To strengthen voting practices
- To participate in collaborative engagement initiatives (where relevant and consistent with our beliefs)
Since then, the ESG function has developed, with increased levels of stewardship activity, whilst client and regulatory attention to ESG stewardship has also increased.
In 2018, the EXCO reaffirmed its commitment to stewardship.
Knowledge and experience/qualifications
- The position holder would be expected to be graduate or post graduate with in-depth training and knowledge in areas such as economy and/or finance and/or corporate governance.
- Writing and analytical skills are essential.
- A successful track record in corporate engagement is essential.
- Full English proficiency is essential