Hayfin today announces that it has successfully become a signatory to the FRC’s UK Stewardship Code 2020. The UK Stewardship Code sets a standard for best practice for asset managers investing on behalf of UK asset owners. Further details about the Code can be found on the Financial Reporting Council’s website here.
In Hayfin’s submission report, which can be read in full here, the firm articulates how it has invested over the course of the 12-month period ending 30th April 2021 in line with the 12 Principles set out for asset managers in the Code. Over this period, Hayfin continued to enhance its responsible investment efforts internally, prioritising improved disclosure of its responsible investment approach and outcomes, while listening to the requirements of its investors in guiding how it could best act as stewards of its clients’ assets.
Tim Flynn, CEO of Hayfin, said: “Whilst we are delighted to have gained signatory status, Hayfin is alive to the need to stay ahead of the ever-expanding needs of our clients in the areas of stewardship and responsible investing. We will continue to seek opportunities to strengthen our actions and policies wherever possible.”