Supporting many of the world’s leading families and wealth creators across generations and geographies

The definition of stewardship by the UK stewardship code is

the responsible allocation management and oversight

of capital to create long-term capital value

for clients and beneficiaries in turn,

leading to sustainable benefit for the economy, for the environment,

and for society as a whole. Now, if you look at that definition,

it becomes very obvious why we we want to be signatories to the

UK stewardship code. Why does this matter to Stony Fleming?

Well, again, going back to the definition,

embedded in the definition are the sort of things that we want to be able to

deliver are to our clients, obviously, long-term capital benefits,

but also in keeping with sustainable improvements to

the economy, to the environment, and to society as a whole.

Those are all things to which we easily subscribe. More than that,

it's what our clients expect us to do.

Institutional and professional investors expect us

to exhibit stewardship of this order.

They expect us to be signatories to the code.

They expect us to be affiliated with the UN principles for responsible

investment,

and increasingly the families that we serve

expect us to have these accreditations too.

What's particularly important for us though,

is it's not just about signing up to the code for its own sake.

We need to demonstrate in practice what it is that we are

doing in order to adhere to the 12 principles of the code.