City Hive

City Hive's Shah: What firms are telling us about values and commitments Our co-CEO Bhavini ‘Bev’ Shah shares insights from City Hive research with Investment Week on company values and commitments. "Fund selectors that are increasingly focused on internal values and culture tell us they want to see clearer links between inclusive practice and what this means for client delivery and outcomes." https://lnkd.in/esSXEDR4 #InvestorsACT To find out more about the ACT Trends Report email HQ@cityhive.co.uk

Olivier Lebleu, CFA joined the ACT Global Leadership Council as he is inspired by the way ACT has rapidly been a change agent for an industry that has historically been reluctant to engage on these issues. He wants to help expand the reach into further markets. #InvestorsACT Read more: https://lnkd.in/euCCiYTw

🔈 It has been announced today Bhavini ‘Bev’ Shah, co-CEO of City Hive, has been appointed to the Sustainability Board at Square Mile Investment Consulting & Research Limited. The newly created board will provide independent oversight to advise and challenge Square Mile on all issues related to sustainability, as well as providing strategic guidance, monitoring sustainability performance and highlighting areas for improvement, enhancing accountability for its sustainability commitments, engaging with stakeholders and clients, and managing risk. Bev will be joined by Neville White and Alan Whittle MSc FPFS, and three internal members Diane Earnshaw, Jake Moeller and Scott Dakers. Square Mile CEO Richard Romer-Lee commented: “We recognise the importance of independent, external governance to remove any element of subjectivity. We are therefore honoured to welcome three of the industry’s leading experts on sustainability to advise us in all our endeavours, as well as to hold us to account, should that ever be necessary.” For more on the City Hive team visit: https://lnkd.in/eTjzadVT

📆 City Hive and Invesco Ltd. are inviting institutional investors to the event: 'Introducing the ACT Standard' at 3pm on 2nd October. 🔈 Our panel of speakers will dig deep into the importance of transparency and accountability in corporate culture and provide an introduction to the ACT (Action, Challenge, Transparency) Framework. Earlier this year, Invesco joined the ACT Alliance as a partner of City Hive with the aim of raising awareness of the framework in the institutional market. 📩 To register email HQ@CityHive.co.uk ↗ We hope you can join us. In the meantime, you can find out more about the ACT Framework here https://lnkd.in/eimVPACB #InvestorsACT

Mona Shah, CFA, senior sustainability strategist at Lombard Odier Investment Managers, joined the ACT Stewardship Council because it is the only forum bringing together fund buyers to make incremental changes and educate on grassroots culture. Thank you for your support for the ACT Framework. #InvestorsACT Read more here: https://lnkd.in/dJEybYcj

🎉 Congratulations to our Stewardship Council member Shilpan Patel who has been promoted to head of sales and client relationships at DOOR Ventures Inc. Shilpan has been a valuable member of the Council and integral to the launch of ACT. We look forward to building on our collaboration with DOOR to improve engagement and create transparency between asset managers and fund investors. Here, Shilpan answers questions on setting higher standards of stewardship and behaviour within the investment industry. https://lnkd.in/e7pCHSyu #InvestorsACT > This week, City Hive and Door is running webinars on the ACT Framework for manager research, sales and RFP teams. Get in touch to sign up.

"We all have a part to play but as consumers and investors, our actions and choices play a crucial role in fostering a fair and ethical marketplace. "We need to consider labour laws and how we treat our workers as part of the Just Transition. It’s often unclear what steps we can take, but as shareholders, we can challenge companies like supermarkets on their efforts to ensure ethical labour practices for the food on their shelves." City Hive's co-CEO Bhavini ‘Bev’ Shah wrote this piece for Portfolio Adviser on the 'Just Transition' and lives of vulnerable migrant workers who leave their homes to help UK farmers harvest crops due to a shortage of local labour. She shared her experience visiting a strawberry farm that makes use of the Department for Environment, Food and Rural Affairs' UK Seasonal Workers Scheme, as organised by CCLA Investment Management. Read the full article here: https://lnkd.in/eqjB83DH #JustTransition #SeasonalWorkers

📺 Video We recently asked investment industry representatives: where are you seeing progress on culture? They emphasised there is gradual change with more questions now being asked around a firm’s culture by candidates in the interviewing process as they want reassurance their voices will be heard. Similarly, in fund analysis, an internal focus on values and commitments and transparency around a company’s culture can be a key differentiator and be a decider on where an allocation is placed. Check out the comments from Dewi John, Jasmine Miller and Simon Evan-Cook in this video. #InvestorsACT https://lnkd.in/eaghgSvH

“Professional investors with influence in the boardroom, regardless of being passive or active, should be monitoring that labour laws are complied with, that workers are treated fairly, and should be also ensuring the business is accountable for the right costs of doing business. “Investors need to know the right questions to ask to understand the nuances of social issues. Otherwise, they are failing to analyse these sufficiently.” City Hive's co-CEO Bhavini ‘Bev’ Shah spoke to PA Future about the importance of investors understanding the influence they have on social issues. #EqualPay #WorkerRights Read the full article: https://lnkd.in/ewjkPXS4

🖥 Next week, City Hive and DOOR Ventures Inc. will be running informative webinars to support investment professionals in their understanding of corporate culture analysis via the ACT Framework, and reporting on the Door platform. ⚪ 3rd September: For sales, marketing and distribution professionals. ⚪ 4th September: For RFP teams and investment professionals. ⚪ 5th September: For fund analysts, manager research teams and professional fund investors. 🔈 Hosted by Mandy Kirby, Bhavini ‘Bev’ Shah and Shilpan Patel. ✉ Get in touch with us (or DOOR) if you would like to register: hq@cityhive.co.uk To find out more about the ACT Framework visit: https://lnkd.in/eimVPACB #InvestorsACT