Liontrust Responsible Capitalism Report 2021 - Flipbook - Page 11
Purpose component
Defined as / how this links to Group strategy
For stakeholders
Integrate ESG considerations into investment
decisions in a way that supports each team’s
investment process.
Performance in 2022
Continuing
Link to strategy: Be a responsible investor and
company. The investment teams have their
own processes to know what they invest in on
behalf of clients and understand the risks and
opportunities of each (including those that are
ESG related).
Evidence the link between ESG integration,
engagement, proxy voting and investment
decisions.
Continuing
Growing the business.
For employees
Training of and investment in employees.
Links to strategy: Deliver long-term investment
performance and attract and retain talent are
two of the Group’s strategic pillars.
Prior to this report, Liontrust published a
Responsible Capitalism report in August 2022
which included details on the Group’s related
activities from April 2021 to March 2022. The
report detailed how Liontrust’s investment teams
integrate ESG considerations (as appropriate)
within their investment processes and included
examples of engagements that the teams
undertook during that time period.
Successful
Liontrust acquired Majedie Asset Management in
April 2022, which helped Liontrust enhance its
presence in the institutional market.
Continuing
Liontrust’s share price on 3 April 2018 was
548p, rising to approximately 1056p on 27
March 2023.
Longer term rise in the Group’s share price.
Fall in Liontrust share price over the period.
Each investment team has its own methodology
for considering ESG and other risks in its
investment process and engaging holdings on
these issues. Some teams were also supported by
the Responsible Capitalism team understanding
these issues and engaging on them.
Liontrust’s investment teams also undertook proxy
voting (Liontrust votes its proxies and reports on its
proxy voting on its website).
Link to strategy: Be a responsible investor
and company in terms of knowing what the
investment teams own on behalf of clients and
linking this with engagements and proxy voting.
Link to strategy: Expanding Liontrust’s distribution
and products is a strategic pillar for the Group.
Performance in 2022
The Group’s share price
over five years from the
start of April 2018 to the
end of March 2023 rose
over 90%.
Share price halved during
the calendar year 2022
Liontrust employees are eligible to participate in
the Group’s share save scheme.
Liontrust’s share price was impacted by a difficult
macro-economic and geopolitical environment
and fell along with other asset managers and
other stocks across multiple sectors.
In Q4 2022, the Group initiated a Senior
Leadership Programme for leaders across the
business. The purpose of this is multifaceted, but
includes the improvement of communications
across the business. In 2022, Liontrust also
provided training for all staff on diversity and
inclusion. (For more information, see pages
107–109).
SOCIAL RETURN
For Liontrust employees Providing a nurturing working environment.
and shareholders
Link to strategy: Acquiring and developing
talent is a strategic pillar.
Putting in place a strategy and actions to help
increase the diversity and inclusion of Group
employees.
Continuing
Continuing
Link to strategy: Acquiring and developing
talent is a strategic pillar.
Growing talent.
Link to strategy: Acquiring and developing
talent is a strategic pillar.
Continuing
Liontrust undertook an engagement survey in
December 2022. (For more information on
this, see page 108.) The Senior Leadership
Programme also provided support for defining
and aligning the group’s culture with its
leadership charter.
Liontrust’s Diversity and Inclusion (D&I) Committee,
formed in 2021 and chaired by the COO/
CFO, develops ways the Group can be inclusive
and development of employees. During 2022,
Liontrust offered several D&I training sessions on
inclusion and celebrated International Women’s
Day, Black History Month, and other events.
Liontrust offers career development support
(including for career related exams, leadership
training and mentoring) to help employees grow
in their respective careers.
(See pages 107–108 for more information.)
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