FRC announces successful UK Stewardship Code signatories ahead of consultation closure
News types: Codes and Standards Announcements
Published: 11 February 2025
The Financial Reporting Council (FRC) has announced the successful signatories to the UK Stewardship Code following the latest round of applications. There are now 297 signatories to the Code, representing £52.3 trillion assets under management. This includes 199 asset managers, 77 asset owners and 21 service providers.
The FRC is encouraged to see some signatories take up the voluntary interim reporting measures introduced in July, which helped to reduce the length of their reports as intended. The FRC invites signatories to review the interim changes to reporting for Stewardship Code Signatories as they prepare for their next report under the current Code.
The FRC is formally consulting on its proposals to amend the UK Stewardship Code until Wednesday 19 February. At its latest webinar, Kate O’Neill, Director of Stakeholder Engagement and Corporate Affairs, Mark Babington, Executive Director of Regulatory Standards and Andrea Tweedie, Head of Stewardship, discussed the stakeholder feedback heard so far. A recording of the webinar can be found on our website.
Mark Babington, Executive Director of Regulatory Standards, said:
“It’s great to see the number of signatories to the UK Stewardship Code continuing to grow and even better to see that some have already begun to apply the measures we introduced last summer, which has had the desired outcome of shorter reports.”
Following the consultation, the FRC plans to publish an updated Stewardship Code that will come into effect in 2026. Those submitting reports this year should continue reporting to the 2020 Code.
Signatories from the Autumn 2024 applications:
- 2Xideas
- ACCESS Pool
- Aikya Investment Management Limited
- Amundi
- Apollo Management International LLP
- Arcmont Asset Management Limited
- Ashmore Group
- Barclays Investment Solutions Limited
- Bedfordshire Pension Fund
- Border to Coast Pensions Partnership
- Brandywine Global Investment Management, LLC
- Brown Advisory
- BT Pension Scheme
- Cambridge Associates Limited
- Cambridgeshire Pension Fund
- CANDRIAM
- CBRE Investment Management
- CCLA Investment Management
- Church Commissioners for England
- Clwyd Pension Fund
- Cornwall Pension Fund
- Coutts & Co
- Cumbria Local Government Pension Scheme
- Darwin Alternative Investment Management (Guernsey) Limited
- Darwin Property Investment Management (Guernsey) Limited
- Derbyshire Pension Fund
- Devon County Council Pension Fund
- DHL Group Retirement Plan - DB Sections
- Dimensional Fund Advisors Ltd.
- Downing LLP
- DWS Investments UK Limited
- East Sussex Pension Fund
- EdenTree Investment Management
- Fisher Investments Europe Limited
- Fulcrum Asset Management LLP
- Gallagher (Administration and Investments) Limited
- GuardCap Asset Management Limited
- Hayfin Capital Management LLP
- IFM Investors
- Independent Franchise Partners, LLP
- Institutional Shareholder Services Inc.
- Intermediate Capital Group plc
- Isio Group Ltd
- J. Stern and Co.
- Jaguar Land Rover Pension Trustees Limited
- James Hambro & Partners
- Knight Frank Investment Management
- Lane Clark & Peacock LLP
- LaSalle Investment Management
- Lincolnshire County Council Pension Fund
- Local Pensions Partnership Investments
- London Borough of Hackney Pension Fund
- London Borough of Lambeth Pension Fund
- Lothian Pension Fund
- Macquarie Asset Management
- Mercer Global Investments Europe Limited
- Mercer Limited
- Merseyside Pension Fund
- Nest Corporation
- Neuberger Berman Europe Limited
- NFU Mutual
- Ninety One plc
- Oldfield Partners
- Pennon Pension Trustees Ltd
- Pensions & Investment Research Consultants Limited (PIRC Limited)
- PGIM Fixed Income
- PGIM Real Estate
- PIMCO Europe Ltd
- PineBridge Investments Europe Limited
- Polar Capital
- Principal Asset Management
- Pyrford International
- Quantum Actuarial LLP (Quantum Advisory)
- Quantum Advisors Pvt Ltd
- Rothesay
- Royal London Mutual Insurance Society Limited
- Sanlam Investments UK
- Scottish Borders Council Pension Fund
- Scottish Widows
- SEI Investments (Europe) Ltd
- Shropshire County Pension Fund
- Smart Pension Master Trust
- South Yorkshire Pensions Authority
- Staffordshire Pension Fund
- TD Epoch (Epoch Investment Partners)
- The Board of the Pension Protection Fund
- The Co-operative Pension Scheme (Pace)
- TT International Asset Management Ltd
- UK Government Investments
- Unigestion (UK) Ltd.
- Union Bancaire Privée, UBP S.A.
- Wales Pension Partnership
- Wesleyan Assurance Society
- Western Asset Management
- Westminster Pension Fund