DOCSLIB.ORG

FTSE Factsheet

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
FTSE Factsheet FTSE COMPANY REPORT Share price analysis relative to sector and index performance Schroders SDR Investment Banking and Brokerage Services — GBP 36.48 at close 27 September 2021 Absolute Relative to FTSE UK All-Share Sector Relative to FTSE UK All-Share Index PERFORMANCE 27-Sep-2021 27-Sep-2021 27-Sep-2021 40 125 120 1D WTD MTD YTD Absolute -0.3 -0.3 -3.5 9.3 38 Rel.Sector 0.4 0.4 1.5 7.6 120 Rel.Market -0.4 -0.4 -2.5 -1.3 115 36 115 VALUATION 34 110 Trailing 32 Relative Price Relative Relative Price Relative 110 PE 21.0 Absolute Price (local (local currency) AbsolutePrice 30 105 EV/EBITDA 10.0 105 28 PB 2.5 PCF 12.0 26 100 100 Div Yield 3.2 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Price/Sales 3.9 Absolute Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Relative Price 4-wk mov.avg. 13-wk mov.avg. Net Debt/Equity 0.2 90 90 90 Div Payout 64.2 80 80 80 ROE 12.5 70 70 70 Share Index) Share Share Sector) Share - - 60 60 DESCRIPTION 60 50 50 50 The Group's principal activity is providing asset 40 40 RSI RSI (Absolute) management services for institutional, retail and 40 private clients. 30 30 30 20 20 RSI (Relative to FTSE UKFTSE All to RSI (Relative RSI (Relative to FTSE UKFTSE All to RSI (Relative 20 10 10 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Past performance is no guarantee of future results. Please see the final page for important legal disclosures. 1 of 4 FTSE COMPANY REPORT: Schroders 27 September 2021 Valuation Metrics Price to Earnings (PE) EV to EBITDA Price to Book (PB) 31-Aug-2021 31-Aug-2021 31-Aug-2021 21 10 3.5 20 9.9 19 9.8 +1SD +1SD 3 18 9.7 17 9.6 +1SD Avg 16 9.5 2.5 Avg Avg 15 9.4 14 -1SD 9.3 -1SD 2 13 9.2 12 9.1 -1SD 11 9 1.5 Sep-2016 Sep-2017 Sep-2018 Sep-2019 Sep-2020 Sep-2016 Sep-2017 Sep-2018 Sep-2019 Sep-2020 Sep-2016 Sep-2017 Sep-2018 Sep-2019 Sep-2020 Schroders 21.0 Schroders 10.0 Schroders 2.5 Investment Banking and Brokerage Services 11.7 Investment Banking and Brokerage Services 9.9 Investment Banking and Brokerage Services 2.0 0 5 10 15 20 25 9.82 9.84 9.86 9.88 9.9 9.92 9.94 9.96 9.98 10 0 0.5 1 1.5 2 2.5 3 Price to Cash Flow (PCF) Dividend Yield % Price to Sales (PS) 31-Aug-2021 31-Aug-2021 31-Aug-2021 80 ‖ ‖ 5 5 70 4.5 4.5 60 +1SD 50 4 4 +1SD 40 Avg 3.5 3.5 30 +1SD Avg 20 -1SD Avg 3 3 -1SD 10 0 -1SD 2.5 2.5 Sep-2016 Sep-2017 Sep-2018 Sep-2019 Sep-2020 Sep-2016 Sep-2017 Sep-2018 Sep-2019 Sep-2020 Sep-2016 Sep-2017 Sep-2018 Sep-2019 Sep-2020 Investment Banking and Brokerage Services 60.0 Investment Banking and Brokerage Services 3.4 Schroders 3.9 Schroders 12.0 Schroders 3.2 Investment Banking and Brokerage Services 3.4 0 10 20 30 40 50 60 70 3 3.05 3.1 3.15 3.2 3.25 3.3 3.35 3.4 3 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 4 Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 2 of 4 FTSE COMPANY REPORT: Schroders 27 September 2021 Valuation Metrics Net Debt to Equity Dividend Payout (DP) Return on Equity (RoE) 31-Aug-2021 31-Aug-2021 31-Aug-2021 1.1 66 19 1 64 18 0.9 +1SD 62 +1SD 0.8 17 0.7 60 0.6 16 58 Avg 0.5 Avg 15 0.4 56 0.3 14 +1SD 54 0.2 -1SD 52 13 0.1 Avg -1SD 0 50 12 Sep-2016 Sep-2017 Sep-2018 Sep-2019 Sep-2020 Sep-2016 Sep-2017 Sep-2018 Sep-2019 Sep-2020 Sep-2016 Sep-2017 Sep-2018 Sep-2019 Sep-2020 Investment Banking and Brokerage Services 0.3 Schroders 64.2 Investment Banking and Brokerage Services 18.4 Schroders 0.2 Investment Banking and Brokerage Services 35.7 Schroders 12.5 0 0.05 0.1 0.15 0.2 0.25 0.3 0.35 0 10 20 30 40 50 60 70 0 2 4 6 8 10 12 14 16 18 20 ROE vs. PB — sector Du Pont Analysis 2.55 SDR 7 20 2.50 18 6 2.45 16 2.40 5 14 2.35 12 4 2.30 10 PB 3 2.25 8 2.20 2 6 2.15 4 1 2.10 2 2.05 0 0 Investment Banki 2017 2018 2019 2020 2021 2.00 12.5 13.0 13.5 14.0 14.5 15.0 15.5 16.0 16.5 17.0 17.5 18.0 18.5 Net Margin Asset Turnover Gearing ROE (rhs) ‖ ROE Note: bar chart reflects the top and bottom five current values for the valuation ratio in question for FTSE All Shares stocks in the same sector as the stock concerned. All valuation metrics are trailing. 3 of 4 FTSE COMPANY REPORT: Schroders 27 September 2021 Brief description Brief description Price to Earnings Price to Earnings (PE) is price over earnings per share. Earnings are based on the latest Gearing Gearing is Total Assets divided by Common Equity. Total Assets and Common Equity are (PE) available fiscal year earnings. each averaged over two years, that is, t and (t-1). Price to Sales (PS) Price to Sales (PS) is price divided by sales per share. It is based on sales from continuing Asset Turnover Asset turnover is Sales divided by Total Assets. Total Assets is averaged over two years, operations for the fiscal year. that is, t and (t-1). Price to Book (PB) Price to Book (PB) is price at the indicated date divided by common equity per share. Dupont Breakdown Return on Equity (RoE) = Net Margin * Gearing * Asset Turnover Common/ordinary equity is generally as reported at the most recent fiscal year-end but is Analysis adjusted to exclude minority interest, preferred stock and selected items as appropriate. RoE vs PB Plot of RoE versus PB at last month end for all FTSE UK All Share stocks in the sector Price to Cash Flow Price to Cash Flow (PCF) is price at the indicated date divided by cash flow per share. relative to the stock in question. Data may be limited to the stock in question if there are (PCF) currently no stocks in the corresponding FTSE UK All Share sector. Net Debt Equity Net Debt Equity is Net Debt as a percentage of common equity. Not calculated if Absolute Absolute graphs reflect performance for the stock in question for up to 366 days adjusted denominator (common equity) is negative for intervening corporate actions. EV to EBITDA EV to EBITDA is Enterprise Value divided by EBITDA (Earnings before Interest and Taxes, Relative Relative charts reflect the performance for the stock in question relative to the depreciation and amortisation). EV is full company Market Capitalisation at the data date corresponding sector of the FTSE All Share Index for up to 366 days, rebased to the start plus last annual net debt and Preferred Stock. Net Debt is total financial debt less cash date. Note that the stock itself may not be a FTSE All share constituent. Relative Chart and short-term investments. EBITDA is operating income plus depreciation and may be null if there are no stocks in the corresponding FTSE UK All Share sector. amortisation. RSI Relative Strength Index. Calculated as 100 minus (100 divided by (1+ratio of positive Dividend Yield % Dividend Yield reflects the dividend declared per share and/or paid for the security in versus negative time weighted returns)). Reflects 14 day average gains/losses question for the most recent fiscal year, divided by the share price. Valuation History Outlier valuation data is not shown to scale as these would distort the chart. Instead, ∥ Return on Equity Return on Equity is net income over average common equity. Not calculated if Charts denotes valuation data which falls outside display truncation limits. (RoE) denominator (average common equity) is negative Top/Bottom Reflect data for up to five top and five bottom performers for the valuation metric in Dividend Payout Total dividends divided by Net Income expressed as a percentage. Valuation Bar question. Note data may be limited to the stock in question if there are currently no Net Margin Net Margin is Net Income divided by sales. Charts stocks in the corresponding FTSE UK All Share sector. Schr oders 27 Sept ember 2021 For further information visit www.ftse.com, email [email protected] or call your local FTSE office: Beijing +86 10 5833 2202 London +44 (0) 20 7866 1810 Rio de Janeiro +55 (21) 3736 3726 Tokyo +81 (3) 3581 2811 Boston +1 888 747 FTSE (3873) Milan +39 02 3604 6953 San Francisco +1 888 747 FTSE (3873) Toronto +1 416 572 7979 Chicago +1 888 747 FTSE (3873) Mumbai +91 22 6649 4180 Seattle +1 888 747 FTSE (3873) Dubai +971 4 375 1868 New York +1 888 747 FTSE (3873) Shanghai +86 21 6058 9131 Hong Kong +852 2164 3333 Paris +33 (0)1 53 76 82 89 Sydney +61 (0)2 9293 2864 © 2021 London Stock Exchange Group companies.
Load more

Recommended publications
  • Schroder Investment Fund Company Prospectus 1 September 2021
    Schroder Investment Fund Company Prospectus 1 September 2021 United Kingdom (SIFCO) Schroder Investment Fund Company (SIFCO) Prospectus 1 September 2021 Schroder Unit Trusts Limited Internet Site: http://www.schroders.co.uk Important Information Prospectus of Schroder Investment Fund Company not, under any circumstances, create any implication that the affairs of the Company have not changed since the date An investment company with variable capital incorporated hereof. with limited liability and registered in England and Wales under Regulation 4 of the Open Ended Investment The distribution of this Prospectus and the offering of Shares Companies Regulations 2001, as amended or re-enacted from in certain jurisdictions may be restricted. Persons into whose time to time. possession this Prospectus comes are required by the Company to inform themselves about and to observe any This document (this Prospectus) constitutes the prospectus such restrictions. This Prospectus does not constitute an offer for Schroder Investment Fund Company (the Company), or solicitation by anyone in any jurisdiction in which such an which has been prepared in accordance with the Collective offer or solicitation is not authorised or to any person to Investment Schemes (COLL) Sourcebook of the Financial whom it is unlawful to make such offer or solicitation. Conduct Authority (FCA) made under the Financial Services and Markets Act 2000. Shares in the Company are not listed or dealt on any investment exchange. This Prospectus is dated, and is valid as at 1 September 2021. Potential investors should not treat the contents of this Copies of this Prospectus have been sent to the FCA and the Prospectus as advice relating to legal, taxation, investment or Depositary.
    [Show full text]
  • Sustainable Investing for a Changing World Annual Report 2016 About Schroders
    Sustainable investing for a changing world Annual Report 2016 About Schroders At Schroders, asset management is our only business and our goals are completely aligned with those of our clients: the creation of long-term value to assist them in meeting their future financial requirements. We have responsibility for £397.1 billion As responsible investors and signatories (€465.2 billion/$490.6 billion) on behalf to the UN’s Principles for Responsible of institutional and retail investors, Investment (PRI) we consider the long-term financial institutions and high net worth risks and opportunities that will affect the clients from around the world, invested resilience of the assets in which we invest. across equities, fixed income, multi-asset, This approach is supported by our alternatives and real estate. Environmental, Social and Governance (ESG) Policy and our Responsible Real Estate Investment Policy. Presence in 41 offices P 27 countries globally £397.1 bn assets 4,100+ under management employees and administration 15% 15% 4% 4% 10% 10% 39% 39% 40% 40% 21% 21% by client by client By product domicile domicile By product 21% 21% 25% 25% 25% 25% United KingdomUnited Kingdom Asia Pac ific Asia Pacific uities uities ultiasset ultiasset urope iddleurope ast and iddle frica ast and fricamericas mericas Wealth manaementWealth manaementied income ied income merin maretmerin debt commoditiesmaret debt andcommodities real estate and real estate Source: Schroders, as at 31 December 2016 1 The companies and sectors mentioned herein are for illustrative purposes only and are not to be considered a recommendation to buy or sell. % W P X AA AAA 2016 has shown that the social and environmental backdrop facing companies is changing quickly and pressures are coming to a head.
    [Show full text]
  • Chairman's Governance Letter
    64 BAE Systems | Annual Report 2016 Chairman’s governance letter Contents Dear Shareholders, During the course of the year, the Financial We welcomed the FRC’s report and the Chairman’s governance letter 64 Reporting Council (FRC) published its report principles of stakeholder engagement, Governance highlights 65 on Corporate Culture and the Role of Boards. directors’ duties and the importance of Board governance 66 The report contained key observations corporate integrity and responsible behaviour that it outlined. Board of directors 68 about the value of culture in driving the right behaviours in the boardroom and at Board information 70 Towards the end of 2016, there was another all levels in the company. We were pleased important governance publication, with the Governance disclosures 71 to see that the report included a case study UK government publishing a wide-ranging Audit Committee report 72 on BAE Systems, illustrating the work we had Green Paper on Corporate Governance undertaken over a number of years to foster Reform. Both documents quote in full the Corporate Responsibility high levels of personal trust between trade Committee report 76 basic duty of a company director as detailed unions and the Company’s senior leadership. in Section 172 of the Companies Act. Nominations Committee report 78 As part of this year’s Board evaluation, we Remuneration Committee report 79 have asked Board members to reflect on the In summary, the duty is to promote the questions asked in the FRC’s report concerning success of the company and, in doing so, corporate culture and provide their thoughts have regard to, amongst other matters, the on what they see within BAE Systems.
    [Show full text]
  • Schroder ISF Global Recovery Management Company Schroder Investment Management (Europe) S.A
    Fund objectives and investment policy The fund aims to provide capital growth in excess of the MSCI World (Net TR) Index after fees have been deducted over a three to five year period by investing in equities of companies worldwide that have suffered a severe set back in either share price or profitability. Relevant risk as associated with this Fund are shown overleaf and should be carefully considered before making any investment. Above is the Investment Objective of the fund. For details on the fund’s Investment Policy please see the KIID. Past Performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. Exchange rate changes may cause the value of any overseas investments to rise or fall. Share class performance (%) Fund facts Cumulative Fund manager Liam Nunn 1 month 3 months YTD 1 year 3 years 5 years Since inception Andrew Lyddon performance Simon Adler Nick Kirrage Share class (Net) 2,1 -2,2 19,1 46,4 25,2 54,3 69,8 Managed fund since 28.02.2020 ; 09.10.2013 ; Target 2,5 5,9 17,9 29,8 51,9 99,7 139,1 01.11.2018 ; 09.10.2013 Fund management Schroder Investment Comparator 1 1,6 0,8 17,3 31,4 26,5 55,9 78,3 company Management (Europe) Comparator 2 1,9 2,4 15,0 31,5 36,6 70,1 85,1 S.A.
    [Show full text]
  • Accenture Retirement Savings Plan
    Accenture Retirement Savings Plan Statement of Investment Principles – Default Investment Options 27 September 2019 1. Background Members who do not make an investment choice are invested in the Plan’s default investment options. The Trustee has selected the Lifestyle Strategy - Drawdown Focus as the default investment option. This is the current default arrangement for new joiners to the Plan. Prior to January 2016, new joiners to the Auto Enrolment Section were auto- enrolled into Flexicycle. Flexicycle was closed to new members in January 2016 (and most members were transferred to the Lifestyle Strategy – Drawdown Focus). However, Flexicycle continues to operate for members that were already in the de-risking phase and purchasing annuity protection funds at this date and who have not selected an alternative investment option. Members invested via Flexicycle continue to have the option to switch out to the other investment options at any time. 2. Investment Strategy 2.1 Investment Aims, Objectives and Expected Returns The Lifestyle Strategy - Drawdown Focus aims to generate capital growth over the long term. In the years prior to retirement, the lifestyle aims to reduce the volatility of the member’s expected pension pot through investing in a diversified portfolio that aims to provide a balance between risk and return. This, together with new contributions from members and the Principal Employer, will provide a fund at retirement with which to transfer to an arrangement offering the facility to drawdown an income during retirement. The Flexicycle aims to generate capital growth over the long term. In the years prior to retirement, the Flexicycle aims to reduce the volatility of the annuity income the member can secure at retirement and the value of their tax free cash lump sum.
    [Show full text]
  • Schroder ISF¹ Sustainable Multi-Asset Income Schroders Investment Conference
    Schroder ISF¹ Sustainable Multi-Asset Income Schroders Investment Conference 19–23 October Remi Olu-Pitan Marketing material for professional Head of Multi-Asset Growth investors or advisers only. and Income ¹Schroder International Selection Fund is referred to as Schroder ISF. Covid-19 has made the hunt for income even more difficult The virus has caused a dividend crisis Dividend cuts typically follow a fall in earnings Dividend futures¹ have fallen sharply Fall in earnings/ dividends 1970s 1980s 1990s Dotcom bubble 2009 Index 0% 400 -5% -3% 350 -5% -6% -10% 300 -15% -12% 250 -20% -19% -20% -20% -25% -22% 200 -30% 150 -31% -35% 100 -40% 50 -45% -46% -50% 0 2008 2010 2012 2014 2016 2018 2020 Fall in earnings Dividend cuts Eurostoxx FTSE 100 Source: Schroders. Datastream, UBS 31 August 2020. ¹A dividend future is an exchange-traded derivative contract that allows investors to take positions on future dividend payments. 2 Incorporating ESG can help Income from sustainable companies might be less at risk of impairment Companies that cancelled dividends have worse Companies with good sustainability tend to have sustainability scores lower leverage and stronger long-term growth Average sustainability score Debt to equity¹ 0% 140% 120% -1% 100% -2% 80% -3% 60% 40% -4% IBES EPS LT growth forecast² -5% 10% -6% 8% -7% 6% -8% 4% -9% 2% Dividend cancelled Dividend continued Sustainability below sector avg Sustainability above sector avg Source: Schroders, as at 31 May 2020. The universe is MSCI World Index. Sustainability score is based on our proprietary tool, SustainEx. SustainEx is a robust, objective framework to measure the social and environmental costs companies impose, or the benefits they provide, which are not currently recognised as financial costs or benefits.
    [Show full text]
  • Fund Objectives and Investment Policy Share Class
    Fund objectives and investment policy The investment objective of this investment fund is to achieve long-term capital growth through investments in equities and other equity securities of Swiss companies. The investment fund uses the performance of the Swiss Performance Index (SPI) as a benchmark. The investment fund is managed by the fund management on a discretionary basis. The fund management is not limited to investments pursuant to the composition of the SPI. The fund's assets are mainly invested in equities and other equity securities (equities, dividend rights certificates, cooperative shares, participation certificates and similar) of companies with a registered office or predominant activity in Switzerland. Up to one-third of the fund's assets may be invested in equities and other equity securities of companies listed on European and North American stock markets, equity or index funds that are part of a Swiss equity index or a specific segment thereof, debt securities or money market instruments. Derivatives may be used to achieve the investment objective and to reduce risk or manage the investment fund more efficiently. Shares of the investment fund may, in principle, be redeemed on any banking day, subject to the exceptions listed in the prospectus. The returns from this share class are reinvested. The investment fund shall also bear all incidental costs for the purchase and sale of investments (standard brokerage fees, commissions, taxes, etc.) incurred in the management of the investment fund's assets. These costs shall be directly offset against the acquisition or redemption value of the respective investments. These incidental costs shall be incurred in addition to the fees listed under “Charges” and reduce the return on investment.
    [Show full text]
  • Standard Life Aberdeen (SLA); FTSE 100; Financial Services
    Selling: Standard Life Aberdeen (SLA); FTSE 100; Financial Services Managing a portfolio is a lot like managing a garden. In gardening there are regular recurring tasks such as trimming back fast-growing plants and replacing unattractive plants with more attractive alternatives. In a portfolio this means regularly trimming back oversized positions and replacing unattractive holdings with more attractive alternatives. Average purchase price Current price Holding period (including investment in Aberdeen AM) £3.76 £2.90 Feb 2016 to Apr 2021 (5yrs 2mo) Capital gain Dividend income Annualised return (including return of capital from de-mergers) -13.4% 31.2% 4.0% “Standard Life Aberdeen is one of the world’s largest investment companies, the largest active manager in the UK and one of the largest in Europe. It has a significant global presence and the scale and expertise to help clients meet their investment goals.” Overview Standard Life Aberdeen (SLA) originally joined the model portfolio in 2016 as Aberdeen Asset Management, which was then the second largest active fund manager in the UK (second only to Schroders). This investment worked out well, with the 2017 merger of Aberdeen and Standard Life leading to annualised return of 17% at the merger date. I decided to hold on to the SLA shares post merger because Standard Life was a leading asset manager and the combined group promised additional economies of scale and a more diverse and robust business. Four years later and as a more experienced investor, I now think both companies lacked durable competitive advantages and I think that’s true of the combined business too.
    [Show full text]
  • Fund Objectives and Investment Policy Share Class
    Fund objectives and investment policy The fund aims to provide long term capital growth in excess of the FTSE 250 ex Investment Trusts (Gross Total Return) index (after fees have been deducted) over a 3 to 5 year period by investing in equities of companies listed in the FTSE 250 ex Investment Trusts. The fund is actively managed and invests at least 80% of its assets in equities of UK companies listed in the FTSE 250 Ex- Investment Trusts index. These are companies that are incorporated, headquartered or have their principal business activities in the UK.The investment manager believes that these investments can potentially offer faster rates of profit and dividend growth and higher long-term returns than their larger counterparts. The fund may also invest in former components of, or expected entrants into, that index if the investment manager believes it may be advantageous to do so. The fund may also invest directly or indirectly in other securities (including in other asset classes), countries, regions, industries or currencies, collective investment schemes (including Schroder funds), warrants and money market instruments, and hold cash. The fund may use derivatives with the aim of reducing risk or managing the fund more efficiently. Relevant risk as associated with this Fund are shown overleaf and should be carefully considered before making any investment. Share class performance Fund facts Cumulative Fund manager Andrew Brough 1 month 3 months YTD 1 year 3 years 5 years 10 years performance Managed fund since 19.11.1999 Share class
    [Show full text]
  • Schroders Annual Report Governance Report
    Board of Directors and Company Secretary Leading a world class business Michael Dobson Peter Harrison Richard Keers Chairman Group Chief Executive Chief Financial Officer Appointed Chairman in April 2016, having Appointed Group Chief Executive in April Appointed a Director and Chief Financial been Chief Executive since November 2001. 2016. He was an executive Director and Head Officer in May 2013. He first joined the Board as a non-executive of Investment from May 2014. Director in April 2001. Experience: He is a chartered accountant and Experience: He began his career at Schroders was a senior audit partner at Experience: Prior to joining Schroders he was and subsequently held roles at Newton PricewaterhouseCoopers LLP (PwC) until May Chief Executive of Morgan Grenfell Group Investment Management, J.P. Morgan Asset 2013. He became a partner at PwC in 1997 and a member of the Board of Managing Management as Head of Global Equities and and has 25 years’ experience in the audits of Directors of Deutsche Bank AG. Multi-Asset and at Deutsche Asset global financial services groups. His Management as Global Chief Investment experience includes time spent in PwC’s New External appointments: Member of the Officer. He was Chairman and Chief Executive York, Sydney, Edinburgh and London offices. President’s Committee of the Confederation of RWC Partners before re-joining Schroders of British Industry, Advisor to G3 Group. as Global Head of Equities in March 2013. External appointments: None. Committee membership: Chairman of the External appointments: Member of the Nominations Committee. Investment Association Advisory Council and the Impact-Weighted Accounts Initiative Leadership Council.
    [Show full text]
  • Sustainable Investment Report Second Quarter 2020
    Sustainable Investment Report Second quarter 2020 For Financial Intermediary, Institutional and Consultant Use Only. Not for redistribution under any circumstances. Contents 1 12 Introduction Stewardship Insights Is the time ripe for virtual AGMs? Engagement in practice: Barclays’ climate shareholder resolution Engagement in practice: Contributing to influencing the boards of big banks Engagement in practice: Drax’s transition to cleaner power 2 17 Sustainability Insights Stewardship Activity A new social contract – how are Engagement in numbers companies treating their employees as the Covid-19 crisis unfolds? Voting in numbers Keeping food on the table during Total company engagement Covid-19, but at what cost? Engagement progress Will Covid-19 prove a pivotal moment for climate change? How climate change may impact financial markets As we begin the process of unwinding global lockdown, the inevitable scrutiny of what we could have done better is underway. There are plenty of ways we can learn from the crisis and perhaps when the anticipated second wave comes, we will be better prepared. Sustainable investing has been under the spotlight throughout the crisis; we now look to what this might mean in a post- Covid-19 world. Hannah Simons Head of Sustainability Strategy For many people, sustainable investment has historically focused In a Q&A with two of our economists, Craig Botham and Irene on environmental considerations. The crisis has seen a rise in the Lauro, we also unveil our latest long-term market forecasts, which focus on the ‘S’ part of ESG. We’ve long argued that companies for the first time incorporate the impact of climate change.
    [Show full text]
  • June 2020 Russell Portfolio Series
    RUSSELL INVESTMENTS PORTFOLIO SERIES – CONSERVATIVE // PORTFOLIO STRUCTURE * As at 30/06/2020 AUSTRALIAN SHARES INTERNATIONAL SHARES FIXED INTEREST ALTERNATIVES PROPERTY Russell Investments Global Russell Investments Australian Amundi Absolute Volatility World Vanguard International Property Russell Investments Australian 11.50% 2.90% 24.50% 0.50% 3.00% Shares Core Fund Opportunities Fund- $A Hedged Bond Fund Equities AUDH Class Securities Index Fund (Hedged) Ausbil 2.01% Fiera Capital 0.44% AMP Capital 5.02% Amundi 0.50% Vanguard 3.00% DFA 1.44% J O Hambro Capital Management 0.23% Russell Investments 4.90% Russell Investments Global 5.00% Vanguard Australian 1.00% Investors Mutual Limited 1.73% Nissay Asset Management 0.23% UBS 6.74% High Yield Fund Property Securities Index Fund Numeric Investors 2.01% Numeric Investors 0.35% Western Asset 7.84% Barings, LLC 1.25% Vanguard 1.00% Platypus 2.01% Oaktree Capital 0.23% Russell Investments Australian 15.00% Hermes Sourcecap 1.25% Russell Investments 2.30% Russell Investments 0.52% Cash Enhanced Fund Russell Investments 2.50% RWC Partners 0.20% Perpetual 10.50% Russell Investments Multi- 1.00% Sanders Capital, LLC 0.44% Russell Investments 4.50% Strategy Volatility Wellington Management Company Premia Fund LLP 0.26% 21.00% Russell Investments International Bond Fund - $A Hedged Russell Investments Multi-Asset 4.70% Russell Investments 1.00% Factor Exposure Fund BlueBay 4.20% Russell Investments Multi-Asset 2.00% Russell Investments 4.70% Colchester 4.83% Income Strategy Fund Russell Investments
    [Show full text]