We’ve now published our latest Stewardship Report for 2025, which looks at what we’ve done to meet the UK Stewardship Code principles – something that’s widely recognised as the leading stewardship framework globally. Here we touch on what stewardship means for us and look at some examples to bring our activities to life.
Private markets already form an important part of our investment portfolio as we believe they can achieve beneficial investment outcomes for our members over the long term. We have therefore signed the new Mansion House Accord – a non-binding, voluntary expression of intent to invest at least 10% in private markets across defined contribution (DC) default funds by 2030, with at least 5% of total assets going to UK private markets.
To mark USS’s 50th anniversary, we invited David Watts (a UCU-appointed non-executive director) and Will Spinks (a UCEA-appointed non-executive director) to share their perspectives on the scheme and where it finds itself in its jubilee year.
