Phoenix Group, the UK’s largest long-term savings and retirement business, announces today that it has become a signatory to the Asset Owner Diversity Charter. This flagship initiative aims to formalise a set of actions that asset owners can commit to, in order to improve diversity in all forms across the investment sector.

As a signatory, Phoenix Group one of the largest asset owners in the UK, is making a commitment to support a more balanced and fair representation across the asset management workforce.

Members of the initiative commit to incorporating diversity questions into their individual manager selection and monitoring processes, in addition to collaborating with others in the investment industry to promote diversity, equality and inclusion best practice.  A key component of the charter will be to standardise complex diversity metrics beyond just gender to improve on disclosures.

Valeria Piani, Head of Stewardship, Phoenix Group, said:

“By being a signatory of the Asset Owner Diversity Charter, we hope to play our role in the drive towards greater diversity in the investment industry. As much as we are expecting investee companies to attract and nurture a diverse pool of talent to be more resilient and successful, we are extending the same expectations to our asset management partners that are responsible to deliver returns for our customers.  We look forward to being an active member and collaborating with fellow asset owners on this crucial topic.”

Helen price, Co-Chair, Asset Owner Diversity Working Group:

“We are delighted to welcome Phoenix Group, one of the largest asset owners in the UK, to the growing list of signatories to the Asset Owner Diversity Charter. Together we are committed to collaborate and to build an investment industry, which embodies a more balanced representation of diverse societies.”

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Enquiries 

Dilesh Sangaran
PR Manager
Phoenix Group
07974 604 323
dilesh.sangaran@thephoenixgroup.com