Portfolio & Pension Management
The Stewardship Code

Portfolio & Pension Management Ltd takes its management and stewardship responsibilities seriously, and use the Stewardship Code as our benchmark in this area.  We believe it is important to remain up to date on issues impacting our investee companies and to engage with them where appropriate. We assess any issue in terms of its impact to the long term value of an underlying company and thus the value of our clients’ holdings.

Our approach to stewardship is encapsulated in the following principles which are embedded in our investment philosophy:

  1. We regularly monitor our investee companies.
  2. We evaluate any situation which arises and are willing to engage with the company directly where appropriate.
  3. We are willing to act collectively with other investors where appropriate.
  4. We will always vote in the long term interests of our clients and will record what decisions we have taken in this respect. We do not normally make those decisions public.