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Online | Global Asset Management and Stewardship
14 November 2023, 5:00 pm–6:30 pm
This event is organised by the UCL Centre for Ethics and Law
Event Information
Open to
- All
Organiser
-
UCL Laws
Global Asset Management and Stewardship: Scope, Influence, Outcomes and Challenges in a World of New Uncertainties
About this Event
Global asset management is increasingly subject to ‘stewardship’ expectations, infusing the demands of private mandates and a broader public dimension beyond the best long-term interests of the fund beneficiaries. Today, global asset management grapples with the financial risks as well as with the social expectations regarding the energy transition, sustainability and other ESG goals, in an environment of increasing uncertainty due to changes in the global context that affect market stability. Even as international stewardship codes attempt to provide guidelines and best practices for funds managers, there remain substantial divergences amongst them, not to mention the cross-country variations in investor stewardship policy, the different practices on the ground and the outcomes hoped to be achieved.
The Centre has invited speakers from two leading global asset managers to discuss a range of topics including private sector leadership, the rise and future role of stewardship codes across countries, stakeholder engagement practices and outcomes, the role of public policy in responsible investment and the anticipated challenges ahead. We hope that you will join us for an evening of discussion and debate on the most current and topical issues.
Watch the video directly on our YouTube Channel or view it below
- The Chairs
Iris H-Y Chiu, Professor of Corporate Law and Financial Regulation, UCL and
Dr Francisco de la Peña, Associate Lecturer, UCL & Director of Risk, Jinko Power Technology Co., Ltd.- The Speakers
Elisa Cencig, Senior ESG Policy Adviser, Norges Bank Investment Management
Elisa is Senior ESG Policy Advisor at Norges Bank Investment Management, where she is responsible for the fund’s engagement with international organisations, standard-setters and policymakers on sustainability, responsible investment and corporate governance. Prior to that, she worked at the UK Financial Authority, first on EU Withdrawal Policy and Strategy and more recently leading the FCA’s engagement at the Financial Stability Board. Earlier in her career, she worked at the Association of Financial Markets in Europe’s Brussels office on prudential and resolution policy and advocacy. She is an alumna of the Sant’Anna School of Advanced Studies in Pisa (Italy) and the College of Europe (Belgium) and holds a PhD in Political Science from the London School of Economics.Michael Herskovich, Global Head of Asset Management, BNP Paribas
Michael is the Global Head of Stewardship within the Sustainability Centre. He is working within BNPP AM since 2008. He is in charge of the elaboration and implementation of the stewardship policy, which includes voting and engagement. He also plays a critical role in the design, development and implementation of BNPP AM’s Global Sustainability Strategy and is a key driver for the firm’s ESG research and integration. He is also member of the Board of Governors of the International Corporate Governance Network (ICGN) and is on the “Fifty Most Influential in Sustainable Finance” list published by Financial News in 2022 and 2023.His wider industry activity includes being a Chair of the “Corporate Governance” committee at the French Association of Asset Managers (AFG). He is also member of the Best Practice Principles Oversight committee, Chair of the Audit and Risk Committee, member of the “Human capital” committee and the “Global Network of Investor Associations ‘GNIA’ committee” at the ICGN.
He holds others membership such as the French regulator AMF commission on Sustainable Finance, the Responsible Investment committee at the French Association of Asset Managers (AFG), the “Grand prix jury of the general meetings” in France and the Eumedion Investment committee.
He graduated from the University of Paris XI (France) and has a master degree of Corporate and business law (2008).
- About the Centre
UCL's Centre for Ethics and Law promotes and enhances collaboration between corporates, practitioners, civil servants, academics and others around the broad themes of professional ethics and the ethics of risk. Subscribe to receive updates on the centre and similar events.