Search this website. You can use fund codes to locate specific funds

Authors

  • 13/08/2018
    Equities
    Lewis Grant
    Market behaviour can be extremely erratic which can create a huge amount of uncertainty when predicting the future. In this insight, Lewis Grant, Global Equities Senior Portfolio Manager at Hermes Investment Management, explains why he therefore favours a consistent, boring approach over one that is fuelled by sentiment and hype. Excitement in investment is rarely a good thing. It can create hype which in turn can lead to irrational behaviour. If we take Bitcoin as an example, hype around investment in the cryptocurrency drove the asset class to grow at a phenomenal rate and for a while, this sentiment-led growth may have left investors feeling excited about potential returns. Price momentum can act as an incredibly effective investment signal but it can also be a dangerous one. We believe it is important to remain emotionally unbiased as euphoria should not be the goal of investing. That is not to say such hyper-growth investments need to be avoided altogether, but instead understood in a risk controlled portfolio and as part of a disciplined, diversified approach.
  • Silvia Dall’Angelo
    Italian elections are often dismissed as an opera buffa, and this Sunday’s vote is no different. A new electorate system, the political comeback of Silvio Berlusconi and the insurgent Five Star Movement have dominated news flow. But as the eurozone’s third-largest economy prepares to go to the polls, we assess the investment landscape in Italy. Silvia Dall’Angelo, Senior Economist Italy is no stranger to political instability. The country’s political history has been defined by short-lived governments, with 65 administrations taking the helm since World War II, each one lasting for a little more than a year on average. Elections are frequent and post-electoral horse-trading between political parties is common. Between 1945 and 1994, the Christian Democrats took a leading role on the political stage. Thereafter, power swung between the centre-right and centre-left parties. Since December 2016, Italy has been under the caretaker leadership of Paolo Gentiloni, following Matteo Renzi’s resignation as prime minister after his referendum to reform the Senate failed to secure the nation’s approval.
  • 15/02/2017
    Equities
    Lewis Grant
    Lewis Grant, Senior Portfolio Manager, Global Equities, at Hermes Investment Management, highlights the technology companies hiding behind the glitz and glamour of consumer-facing stocks. While the New Year kicked off in the UK with grey skies and drizzle in the air, in Las Vegas the glitz and glamour of the CES technology show rolled into town. Amongst the razzmatazz of big budget, ground breaking VR products it is easy for investors to become distracted, however, we look beyond the sequins to discover the hidden technologies behind the futuristic gadgets we see at these shows.
  • 07/12/2016
    Equities
    Lewis Grant
    Institutional investors need a greater understanding and education of exclusion lists due to varied and numerous ramifications, according to a new paper by Hermes Investment Management, the £28.6 billion manager focused on delivering superior, sustainable, risk adjusted returns to its clients – responsibly. The report from the firm’s Global Equities team, From faith to fact in ESG exclusions: a behind-the-scenes analysis, models four different approaches to excluding holdings with climate change concerns, while ostensibly meeting the same goal: to produce diverse risk and performance outcomes.
  • 06/12/2016
    Equities
    Lewis Grant
    Hermes Global Equity fund manager Lewis Grant on avoiding overvalued stocks, and how Trump and climate change will be the key to future investor returns.