Our latest report captures a busy second quarter of company engagements, regulatory reporting and new joiners that are helping Hosking Partners to further integrate ESG considerations within our bottom-up investment process and client engagement and reporting.

Portfolio manager Omar Malik details our ongoing engagement with Toyota Industries Corp (TICO), where we believe the proposed privatisation by Toyota Motor Corp materially undervalues the company and raises serious governance concerns.

We believe this is an important test case for the broader reform in Japan and remain actively engaged with both companies on behalf of our clients’ best interests.

The report also includes updates on our voting activity in support of rewarding executive leadership that drives shareholder value, as well as engagement with prospective portfolio companies in complex jurisdictions and how this shapes our decision making.

Please reach out if the report raises any questions or if you would like to discuss in more detail.