Quad Gas Group acquires 61% stake in National Grid Gas Distribution

Quad Gas Group, a consortium of long-term infrastructure investors, today announces that it has entered into an agreement with National Grid plc to acquire a 61 percent shareholding in its four regulated gas distribution networks. These gas distribution networks cover the East of England, North London, North West and West Midlands, and distribute gas to […]
Hermes responds to the UK Government’s paper on corporate governance reform

Leon Kamhi, Head of Responsibility at Hermes Investment Management, comments on today’s publication, Corporate governance reform, by the UK Government: “The additional measures proposed today by the Government look set to strengthen investors’ hand on pay, and it is now incumbent on both companies and us as investors to respond to the challenge of excessive […]
Hermes calls for overhaul of CEO and executive remuneration models

Hermes Investment Management (Hermes), the £28.6 billion manager focused on delivering superior, sustainable, risk adjusted returns to its clients – responsibly, is calling on large publicly listed companies to overhaul current executive remuneration models. In its paper ‘Remuneration Principles: clarifying expectations’, Hermes outlines why well-structured remuneration practices are key to aligning the activities of management with […]
Hermes Announces a Pledge of Responsibility and Transparency

Hermes Investment Management, the £29.8 billion manager focused on delivering superior, sustainable, risk adjusted returns to its clients – responsibly, has today revealed that it is has created a pledge underpinning its commitment to always put its clients first, and to act responsibly and transparently. The pledge represents an aspiration of what Hermes wants to […]