This post is adapted from the Tumelo white paper, “AI in stewardship: a strategic framework for asset managers”. It argues that AI is reshaping the stewardship function just as the proxy-advisory duopoly comes under regulatory pressure. Written by co-founder Will Goodwin, it sets out how the firms that build the right infrastructure now — and connect AI to it the right way — will run functions that are cheaper, faster, more bespoke, and deliver better outcomes for clients.

Introduction

Every industry is currently working out what AI means for it.

Stewardship is more exposed than most. The function is under increased operating pressure from several directions at once — complex ballot issues, expanding regulatory disclosure, RFPs and client-reporting work absorbing senior analyst time. On top of that, there’s a structural shift on the supply side: the proxy advisors that most asset managers have relied on are now under serious regulatory scrutiny — and for the first time, credible alternatives are emerging.

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