Ada Fintech launches stewardship data platform

Ada Fintech, owned by Redington, has launched a stewardship data platform to allow investors to access and track manager voting records as part of their environmental, social and governance (ESG) risk management research and analysis.

Fund-level stewardship is one of two main features of the new solution, and provides a complete look-through on each portfolio holding, including how a manager has voted on all shareholder proposals to build an accurate picture of votes cast over time.

Stewardship insights, meanwhile, allow clients to look across their entire stewardship data set and discover the most important votes cast by managers, with Ada Fintech then applying a “significance rating score” to allow investors to pinpoint material insights, including as hidden votes and potential manager conflicts.

Commenting on the launch, Redington CTO and Ada Fintech managing director, Adam Jones, emphasised that whilst investors are expected to put increasing emphasis on evidencing research and holding managers accountable on ESG engagement, gaining access to the relevant data and insight "remains a challenge".

“We have a responsibility to change that, and so have ploughed our combined technology and investment consultancy expertise into developing a meaningful, useable solution," he continued.

"Drawing upon Tumelo’s leading voting research differentiates this further and means users can see exactly how managers are engaging with companies and achieve absolute clarity as to whether their actions are supporting their long-term ESG goals.”

Tumelo chief executive, Georgia Stewart, added: “Responsible investors are increasingly interested in how their fund managers are engaging with and voting at the companies their money is invested in.

"The solution we have developed with Ada Fintech enables investors to easily view and monitor how their fund managers have voted on crucial shareholder proposals.

“Whereas for years stewardship has been an afterthought, this tool allows investors to put stewardship under the spotlight during the fund selection process. We hope this partnership and the greater transparency it delivers will create better outcomes for beneficiaries as well as for society over the long term.”

    Share Story:

Recent Stories

Making pension engagement enjoyable through technology
Laura Blows speaks to Nick Hall, business development director and Chartered Financial Planner at UK-based Wealth Wizards about the opportunities that technology provides for increasing people’s engagement with pensions and increasing their retirement wealth. Please click here for an edited write-up of the video

ESG & DC – creating the right tools
In the latest of our series of Pensions Age video interviews Francesca Fabrizi, Editor in Chief of Pensions Age is joined by Manuela Sperandeo, Head of Sustainable Indexing EMEA, BlackRock and Mark Guirey, Executive Director, Asset Owner and Consultant Coverage - MSCI to discuss some key trends of ESG investing among UK pension funds today. Please click here for an edited write-up of the video

Savings and finance at retirement
Laura Blows is joined by Claire Felgate, Head of Global Consultant Relations, UK, at BlackRock, to discuss savings and finance at retirement. Please click here for an edited write-up of the video

Cost transparency
Pensions Age editor, Laura Blows, discusses investment cost transparency and savings with Aon’s Neil Smith and Chris Hawksworth. Please click here for an edited write-up of the video
Multi asset credit
Pensions Age editor, Laura Blows, discusses multi asset credit with Royal London Asset Management senior fund manager, Khuram Sharih

Advertisement Advertisement