IMA Stewardship Survey – institutional box-ticking or genuinely increased engagement?

View the original article at Stockopedia June 02, 2011 08:27 AM The Investment Management Association (IMA) this week published a survey of UK institutional investors’ engagement with the companies they invest in. The survey covers 50 institutional investors, including 41 asset managers holding some*£590 billion of UK equities (31% of the UK market).*The report follows on from the*stewardship code of conduct*launched last year.*Cynics might argue that a survey of institutional fund managers*to ascertain how they are behaving could end up being self-serving.*The IMA is after all the trade body for the fund management industry.*Nevertheless, putting cynicism aside for the time being, the survey does make for very interesting and worthwhile reading.*It is available*here.* At the very least, this survey shows that an increasing degree of lip service is being paid to the pressing issue of institutional investor engagement and hopefully much more than just that.*Liz Murrall, Director ...