Calsavers

Background

 

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

 

  • Duis aute irure dolor in reprehenderit in voluptate velit esse cillum
  • Excepteur sint occaecat cupidatat non proident
  • Ut enim ad minim veniam
Responsible investment – policies and principles

Responsible investment policies and principles

Details our approach, how it works in practice, and the value it adds


TCFD Disclosure Report

2018 TCFD disclosure report

How we consider climate-related risks and opportunities.

Strategy profile

Objective

The strategy has an absolute-return style performance aim, while seeking to preserve capital, through security selection, diversification and simple hedging strategies. The strategy invests in well-run businesses that both have durable financial and competitive positions and manage positively the material impacts of their operations and products on the environment and society.

Performance aim

The strategy aims to deliver a minimum return of cash (one-month sterling LIBOR) +4% per annum over 5 years before fees. In doing so, the strategy aims to achieve a positive return on a rolling 3-year basis. However, a positive return is not guaranteed and a capital loss may occur.
  • The strategy aims to deliver a minimum return of cash (one-month sterling LIBOR) +4% per annum over 5 years before fees.
  • In doing so, the strategy aims to achieve a positive return on a rolling 3-year basis.
  • However, a positive return is not guaranteed and a capital loss may occur.
Real Return Fund Brochure UK

Brochure

Transcript

Rob Stewart (RS): Hanneke, as CEO, what are the areas you have focused on within the company to try to bring responsible investment into practice?

Hanneke Smits (HS): I
t’s not just about holding the companies we own to account, I think it’s very important that we live and breathe it ourselves. There are a number of things that we have been focusing on. One is I’ve actually asked our responsible investment team to work on an ESG review of Newton. Newton is not a listed company, but one could think of us as a listed company and say, if our investment team had to rate Newton using ESG criteria, what would that look like. I have already taken some steps to address some of the gaps that exist, and also help celebrate where I think we are really strong. One area for example is diversity and inclusion. Newton has led the way in many ways. It already has a flexible working programme. How we recruit is perhaps different from other firms as well. We recruit vocational trainees, we participate in the returning from the military programme, we have a graduate recruitment programme which brings people from different backgrounds, skills and different phases in their life journey into Newton and that has been very rewarding. On the workforce, a third are female, it could be better, but it is a third, and I that is better than for some other investment firms. 25% of the investment team is female. That is also better than industry standard, but nonetheless it is not a reflection of society and there could be more balance. A diverse workforce should lead to better decision making – whether it’s for Newton as a company or how we think about investing clients’ capital. So putting an additional focus on how we recruit, how we promote people, for me is very very important and so to that extent, I have asked Curt Custard, who is CIO at Newton, to chair the diversity and inclusion committee which brings together a number of people from different teams around the firm.

RS: 
One of the areas I did want to ask you about was, as you know over the last year, because clients have been asking and because I think there has been internal demand from some of the investment team, we have launched a suite of sustainable products. Has the launch of those products changed the way you think about our responsibility in this area at all?HS: Well, it has. It has put more focus in terms of how we invest, and you have done a lot of work with the team Rob in terms of helping us to define, and taking us on a journey as to what is ESG, and what is sustainable investing and there are different strands to it. There is exclusion, versus moving to inclusion, in terms of how we think about companies and how we invest in them. That has then also meant that we have had to do some training with the team, because the ESG approach has been very integral for the 40 years that Newton has been around, but shifting to sustainable has meant engaging with the clients to also understand what they need to get out of these products and strategies, but also engaging with our own team, because it is a shift in mind set to actually include companies on a positive basis rather than actually perhaps considering or not considering them or working on an engagement plan, so I think it has also meant quite a bit of training internally.

Social Investment

 

Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

 

  • Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  • Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

General contacts

Julian Lyne

Chief commercial officer

London

Newton Investment Management
BNY Mellon Centre
160 Queen Victoria Street
London
EC4V 4LA

Google Maps
Image description