Hermes Investment Management has today announced that its stewardship and engagement team, Hermes EOS, has been appointed by Willis Towers Watson, a leading global advisory, broking and solutions company. Hermes EOS will provide voting and engagement services on the £3bn actively managed assets in the Global Equity Focus Fund. The news follows the recent announcement that Hermes EOS was appointed by First State Super in August.
Dr. Hans-Christoph Hirt, Head of Hermes EOS, said: “Through active stewardship and meaningful engagement, we look to protect and enhance the value of our clients’ assets and safeguard their reputation. We engage with companies on a wide range of issues, including business strategy and risk management, which encapsulates environmental, social and governance (ESG) risks. These issues may of course also represent opportunities. Hermes EOS boasts an effective group of highly experienced and skilled, multi-national professionals, all committed to engaging with companies. We look forward to helping Willis Towers Watson with the aim of protecting and adding value to the assets in its Global Equity Focus Fund over the long-term.”
Craig Baker, Global Chief Investment Officer, Willis Towers Watson, commented: “We believe that the principles underlying sustainable investment, including effective stewardship and responsible ownership practices, form the cornerstone of a successful long-term investment strategy. We are committed to being at the forefront of sustainable investing. The appointment of Hermes EOS will further strengthen our engagement efforts for the Global Equity Focus Fund as we look to improve the outcomes for our investors.”
Hermes EOS is one of the world’s leading stewardship services, advising on £346.3bn1 on behalf of its clients. In 2017, the Hermes EOS team engaged with 659 companies on 1,704 environmental, social, governance, strategy, risk and communication issues and objectives.
1 As of 30 June 2018