Brewin Dolphin has appointed BMO Global Asset Management (BMO GAM) as its partner to handle its corporate engagement and proxy voting needs.
BMO GAM will work across Brewin’s direct equity holdings, representing about a quarter of the wealth manager’s £46.7 billion under management.
BMO GAM has a 20-year-old service line called ‘reo’ (responsible engagement overlay), through which it will engage with investee companies on behalf of Brewin Dolphin on environmental, societal and governance issues, along with sustainability risks and opportunities related to investments.