IA calls for greater stewardship are pointless without digitisation

A new industry report calling for "greater clarity and articulation of stewardship expectations" during the fund manager appointment process has produced some stark findings. Released jointly by the UK's Investment Association (IA) and Pensions and Lifetime Savings Association (PLSA), the report provides recommendations such as the establishment of a governing charter to "set out mutual expectations on the promotion of long-term sustainable value." The study comes less than a month after Asoka Woehrmann, the chief executive of Deutsche Bank's fund's arm DWS, resigned in the wake of al...