Some 74 new signatories have signed up to the UK’s stewardship code governing how investors hold companies to account, swelling the combined assets of fund managers under the standard to ￡33tnThe same evaluation,, from ￡21tn in September.
Major asset managers that are new to the list of signatories include State Street Global AdvisorsThe applause after delivering his inaugural address during his second inauguration a, Goldman Sachs, Morgan Stanley, Pimco, Schroders and T Rowe Price.
The Financial Reporting Council, the UK audit watchdog that sets the code_kevindonovan, said it had received 105 applications after the latest round in September.
It has approved 74 of these, taking the total number of signatories to 199. It would not comment on the 31 that were not approved, although the fail rate is consistent with the previous cohort admitted in September.