Commitment to the UK Stewardship Code
Under Rule 2.2.3R of the FCA’s Conduct of Business Sourcebook, Principal Global Investors (Europe) Limited is required to disclose whether or not it commits to the UK Financial Reporting Council’s Stewardship Code (the “Code”). The Code is a voluntary code and sets out a number of principles relating to engagement by investors with UK equity issuers.
Finisterre, as a internal investment management group of Principal Global Investors (Europe) Limited, pursues a range of strategies combining both liquid and structured investments with particular focus on credit, debt or equities in Emerging Markets. The Code is therefore relevant to limited aspects of Finisterre’s approach. While Finisterre generally supports the objectives that underlie the Code, it has chosen not to commit to it.
You can find a full copy of our Stewardship Code Policy by clicking on the link below which will open a PDF file
PGIE Stewardship Code Policy
Last updated 19th Jan 2021