Old Mutual Global Investors (OMGI) has appointed a new ethical boss
Freddie Woolfe will join as head of responsible investment and stewardship from Newton Investment Management, where he was an investment analyst.
He previously spent six years at Hermes Equity Ownership Services, latterly as associate director of corporate engagement.
In his new role, Woolfe will provide guidance to senior managers on ethical and governance issues, reporting into head of UK equities Richard Buxton (pictured).
He will also oversee a comprehensive global voting programme for OMGI.
Buxton said: 'With a focus on long-term, sustainable investments, it has long been important for the firms in which we invest to have transparent and robust corporate governance practices in place.
'Rightly, our clients also demand strong oversight of companies’ policies towards environmental and social issues, including diversity.
'Freddie has extensive experience in driving responsible investment strategies and his appointment will help us to further develop our stewardship activities, building on the foundations laid by Paul Emerton in recent years.
'This will enhance our investment processes, allowing us to deliver better investor outcomes and I really look forward to working with him.'