Ashmore is pleased to announce that it has met the expected standard of reporting and become a signatory to the Financial Reporting Council (FRC’s) UK Stewardship Code 2020. The UK Stewardship Code sets a standard for best practice for asset managers investing on behalf of asset owners.
Ashmore’s stewardship report reinforces its commitment to sustainability and best-in-class stewardship through its rigorous governance framework and investment philosophy.
Mark Coombs, CEO of Ashmore Group plc said: “As a longstanding investor in Emerging Markets economies, Ashmore recognises the impact it can have on the sustainability of the environment and broader societal outcomes. In Emerging Markets, effective stewardship to promote high governance standards has been proven to add value and contribute to the success of companies and their stakeholders. Active ownership is therefore an important tool to enhance and preserve the value of our clients’ investments.”