- Investment Expertise
We’re finding that an increasing number of institutional, pension fund and high-net-worth investors are turning to private equity in order to enhance their portfolio performance.
We are committed to supporting the insurance sector and have a dedicated insurance solutions team.
- Our insight
The House View process provides a consistent macroeconomic framework to analysing global financial markets.
Our Head of Global Strategy, Andrew Milligan, introduces the latest edition of Global Outlook, a summary of our House View.
Standard Life Investments’ Global Strategy team provide regular analysis of the key economic data that has been influencing financial markets.
Our global strategists combine valuable experience, thorough research and analysis to tackle major issues of the moment.
Governance and stewardship is about making sure that companies’ operational processes and policies are robust and responsible.
- How we discharge our stewardship responsibilities
- Our policy for managing conflicts of interests
- How we monitor our investee companies
- Our guidelines for escalating engagement
- Our willingness to act collectively with other investors
- Our policy on voting and voting disclosure
- How we report on stewardship to our clients
We recognise the importance of transparency and accountability when it comes to our stewardship responsibilities. To this end, we have published an annual review of our governance and stewardship activities, which provides an account of how we have fulfilled our responsibilities. Please select the link below to view the 2016 annual review.2016 annual review
- Responsible Investment
We recognise that the management of environmental and social responsibilities is subject to many factors, and take into account the particular circumstances, industries and locations in which the companies operate.
We've produced guidelines on responsible investment to explain how we evaluate the environmental and social policies of the companies in which we are (or might be) an investor.
Principle 6 - Our policy on voting and voting disclosure
Standard Life investments votes all shares for which we have voting authority except when otherwise instructed by the beneficial owner of these shares or where, for practical reasons such as share-blocking, this is not appropriate. We use our Global Voting Platform to achieve this. Our Global Voting Platform makes use of the services of Institutional Shareholder Services (ISS) who is a reputable provider of proxy voting research and voting recommendations. Although ISS have their own voting guidelines, we provide our own house guidelines to establish a custom policy which they are required to follow when making voting recommendations for the portfolios which we manage. For any significant holdings we will separately undertake a detailed assessment of any voting opportunity and for minor holdings we will rely on the voting recommendations determined by ISS in line with our custom policy. In addition, we will also review any vote against management proposed by our advisers with the exception of de-minimis holdings.
We implement considered policies based on the Governance & Stewardship guidelines approved by our board when voting the shares we manage. We seek to vote our clients' shares in a manner consistent with their best interests. We generally support a board's voting recommendation but we do vote our clients' shares against resolutions which are not consistent with their best interests as shareholders and/or conflict with the spirit of Investment Association (IA) or other institutional guidance. When making voting decisions, we will also make use of the IA’s Institutional Voting Information Service (IVIS).
In the event that we vote our clients' shares against a resolution at a UK shareholder meeting, we will use best endeavours to discuss this with the company beforehand and explain the reasons. We use reasonable endeavours to do so in respect of abstentions.
We do not currently offer a stock lending service to our customers. Certain customers separately arrange the lending of stock held in their name. Should a customer have stock out on loan it is their responsibility to make arrangements for it to be recalled should they wish voting to occur. However, in certain circumstances, where there may be a significantly sensitive and contentious vote, SLI may request the stock of a company to be recalled from loan so that it may be voted in line with our instruction.
We disclose our global voting records on our website.