Stuart's investment career began in 1998 at Baring Asset Management, after which he joined Schroders Investment Management in 2004. Initially part of the Charities Team, Stuart made an internal move in 2011 to the Investment Team. Here, he assumed the role of an analyst before being promoted to Head of Manager Selection. Following Schroders' acquisition of Cazenove Capital he transferred to the newly acquired company in the same capacity. His professional qualifications include the Investment Management Certificate (IMC) and the Private Client Investment Advice & Management (PCIAM) certificate. Furthermore, he is a member of the Chartered Institute for Securities & Investment. In addition to his practical experience and qualifications, Stuart has completed the London Business School Foundation and Endowment Asset Management Course.

Why is corporate culture becoming more important to you when deciding who you allocate assets to?

Corporate culture is becoming a crucial factor in asset allocation due to its influence on risk management, performance, sustainability, and talent retention. A robust corporate culture can mitigate operational and reputational risks, and evidence suggests that such companies often outperform in the long term. These companies are also typically better at addressing environmental, social, and governance (ESG) issues, which are of increasing importance to investors. Additionally, a positive culture can attract and retain top talent, providing a competitive edge. As a result, investors are increasingly demanding transparency about corporate culture during their due diligence process. However, it's important to note that corporate culture is just one of many factors to consider in asset allocation decisions.

In your view, why is it important to set a higher standard of stewardship and behaviour within the investment industry?

Setting a higher standard of stewardship and behaviour in the investment industry is critical for fostering trust and confidence among investors, regulators, and the public, which is vital for market stability. These high standards can lead to improved governance and risk management, promoting sustainable value creation for investors. They also ensure regulatory compliance, helping firms avoid penalties. Furthermore, a strong reputation, which is key in this industry, can be enhanced by high standards of behaviour. Lastly, these standards assist firms in effectively addressing the increasingly important environmental, social, and governance (ESG) factors in investment decisions.

Why did you decide to sit on the ACT Stewardship Council and what does it mean to you personally?

Working for a prestigious firm like Cazenove is a huge privilege, but it also comes with responsibilities. Given our presence in the market, I am acutely aware of our ability to encourage and foster positive change. Although we already strive to do this as a firm, I view my membership in the ACT Stewardship Council as an extension of this commitment. This sense of purpose is further amplified by the representation of other firms within the investment industry, which is why I am proud to be a part of this group.