Hermes expands EOS team in North America
Hermes Investment Management, the £30.8 billion manager, has appointed Tim Youmans as Engagement Director in its stewardship and engagement team, Hermes EOS. Based in New York, Tim will focus on enhancing the activities of Hermes EOS in the North American market and will report to Bruce Duguid, Head of Stewardship, Hermes EOS. In this role, […]
Hermes EOS to call for more effective leadership and management stability at Deutsche Bank AGM
Ahead of the Deutsche Bank AG AGM on Thursday 24 May, Dr. Hans-Christoph Hirt, Head of Hermes EOS at Hermes Investment Management, highlights the questions the Chair needs to answer and explains why the Chair is ultimately responsible for the company’s limited progress in the implementation of a value-creating strategy. He also raises concerns about the […]
Hermes EOS to provide qualified support for the Chair of Deutsche Börse
Ahead of the Deutsche Börse AGM on Wednesday 16 May, Dr Michael Viehs, Associate Director of Responsibility, comments on Hermes EOS’s voting recommendations and the qualified support for the re-election of Joachim Faber, the Chair of the supervisory board. Specifically, Hermes EOS recommends its clients and other investors to: Vote against the discharge of the company’s former CEO Carsten […]
Hermes EOS to raise investors’ concerns at the Volkswagen AGM
Ahead of the Volkswagen AGM on Thursday 3 May, Dr Michael Viehs, Associate Director of Responsibility, comments on Hermes EOS’ voting recommendations and highlights the issues the company urgently needs to address: Recommendation to vote against the candidates proposed for election to the supervisory board A call for an external supervisory board and corporate culture […]
Quadgas Investments enters agreement to acquire remaining 25% interest in Cadent Gas
LONDON, 1 May 2018. Quadgas Investments BidCo Limited (‘Quadgas’), a consortium of long-term infrastructure investors, is pleased to announce it has entered into an agreement to potentially acquire the remaining 25% ownership interest in Cadent Gas (‘Cadent’) from National Grid plc (‘National Grid’). The acquisition is at the option of National Grid or Quadgas (as […]
Hybrids revisited
Opportunities across the Atlantic
Federated Investors, Inc. to Acquire Majority Interest in London
Based integrated ESG Manager Hermes Investment Management from BT Pension Scheme
Hitting the brakes on US autos
The slowdown in US auto sales and the heavy use of financing deals by car buyers have driven Ilana Elbim, Credit Analyst at Hermes Investment Management, to take a cautious stance on the sector. The US automotive sector has shifted up through the gears since the 2008 financial crisis. Seasonally adjusted annual sales (SAAR) of […]
Hermes responds to the FCA’s announcement on the latest steps in implementing the Asset Management Market Study
We welcome the FCA’s announcement on the latest steps in implementing the Asset Management Market Study. At Hermes we have long held the belief that it is our duty to always act in the clients and their beneficiaries’ interests, and to invest in way that is responsible. Moreover, we have long advocated that good governance […]
Hermes signs participation agreement with Util
Hermes Investment Management, the £33.0 billion investment manager, has today announced that it has established a participation agreement with Util, an Oxford-based financial technology company. Hermes will be accessing Util’s proprietary holistic company valuation methodology which addresses the need for a standardized and comparable analysis that considers a company’s social and environmental performance alongside its […]
