UK Stewardship Code And Proxy Voting
The UK Stewardship Code (the “Code”) is a voluntary code which sets out a number of principles relating to engagement by investors with UK equity issuers. Under FCA regulatory standards, Edgbaston Investment Partners LLP (“Edgbaston”) must either state the nature of its commitment to the Code or, if it chooses not to commit in full, its reasons for adopting that stance.
Edgbaston is not a signatory to the Code. The firm specialises in long-only Asia Pacific ex-Japan equity investments and does not ordinarily invest in UK equities. Whilst Edgbaston generally supports the objectives that underlie the Code, it does not consider it appropriate to commit to any code of practice relating to any individual jurisdiction. The firm does however recognise the need to engage with the management and directors of its portfolio companies and to exercise its proxy voting rights with a view to enhancing its clients’ long-term investment values. More detailed information on Edgbaston’s approach to stewardship and its policies with respect to proxy voting and corporate governance can be found here.