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The Financial Reporting Council (FRC) published the first UK Stewardship Code for institutional investors on 2 July 2010. The Code is designed to promote better dialogue between shareholders and company boards and encourage greater transparency about the way in which investors oversee the companies they own. The Code operates on a "comply or explain" basis and is based on the 2009 Code on the Responsibilities of Institutional Investors.
 
We endorse the Stewardship Code for its UK investments and supports the Principles as best practice elsewhere.
 
Our approach to the seven Principles:
 
FRC Stewardship Code Statement available
Please read our policy relating to conflicts of interest (Principle 2)
Our detailed voting record
 
Further information
The Stewardship Code recommends that participating firms nominate an individual who can be contacted for further information and by those interested in collective engagement. To discuss Stewardship or other corporate governance issues further, please contact:
 
Rob Hardy, Managing Director
+44 (0) 20 7742 5736
robert.g.hardy@jpmorgan.com
 
Vineet Chhibber, Vice President
+44 (0) 20 7742 2492
vineet.x.chhibben@jpmorgan.com
 
Minal Davé, Vice President
+44 (0) 20 7742 8507
minal.x.vora-dave@jpmorgan.com
 

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