Half of Buzz respondents feel consultants have a duty to promote stewardship, while three out of 10 contributors said this fell outside their remit.
Taha Lokhandwala says the industry must work together
A group of industry bodies has launched an institutional investor forum on the back of the Kay Review which aims to boost collective engagement between listed companies and asset owners.
RPMI chief executive Chris Hitchen has said implementing the recommendations from the Kay review will take another 30 years amid calls for greater scrutiny of asset managers.
The National Association of Pension Funds (NAPF) has launched a Stewardship Disclosure Framework, with submissions from JP Morgan, Aviva, Newton and Legal & General Investment Management (LGIM).
How trustees can bring responsible ownership into the mainstream
More than half of respondents were not convinced either way on whether the Stewardship Code has had an impact.
Financial Reporting Council senior investment adviser Peter Montagnon talks to PP
Insurance industry organisations need to do more on stewardship, Financial Reporting Council (FRC) senior investment adviser Peter Montagnon has said.
More trustees must engage with initiatives like the Stewardship Code, according to UK Sustainable Investment and Finance Association.