Hermes announces new findings in latest responsible property investment report
Hermes Investment Management (Hermes), the £30.1 billion manager, has today released the report Intentionality & Outcomes, which details how responsible property investment (RPI) is still at the forefront of the property industry. Outlining its approach and calling on other institutional investors to follow suit, Hermes demonstrates how RPI is relevant on three different levels. Chris Taylor, […]
Hermes statement on WPP AGM
Hans-Christoph Hirt, Head of Hermes EOS at Hermes Investment Management, comments on today’s WPP AGM. 1. Succession planning We welcome the chair’s recognition of investor concerns regarding the company’s preparedness for succession. Sir Martin Sorrell, WPP’s CEO and founder, has created a great deal of value since taking over as Chief Executive of the company […]
Hermes comments on the Nissan AGM
Ahead of the Nissan AGM, Hans-Christoph Hirt, Head of Hermes EOS at Hermes Investment Management, assesses the company’s progress and highlights areas for improvement. Succession Planning There is no question about how successfully Carlos Ghosn, Nissan’s current chair, has turned the business around since he assumed the position of chief operating officer (COO) in 1999, […]
New research shows relationship between ESG factors and credit spreads
Hermes Investment Management, the £28.5 billion manager committed to delivering holistic returns – outcomes for its clients that go far beyond the financial, has today published research by its Credit and stewardship teams demonstrating the impact of ESG (environmental, social and governance) factors on credit spreads, and developed a pricing model to capture the influence […]
Governance issues to be highlighted at Rio Tinto AGM
Hermes intends to vote against Chairman due to lack of diversity progress Joins investor group in calling for further disclosure on climate risks Ahead of the Rio Tinto AGM tomorrow, Bruce Duguid, Stewardship Director within the Hermes EOS team at Hermes Investment Management, highlights two areas of focus in our engagement with the company. Environmental […]
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 […]
América Móvil
Latin American telecoms giant is dealing strategically with new anti-monopoly regulation in its biggest market, while improving disclosures to investors, setting an example for other businesses in the region. Background América Móvil is a conglomerate of telecommunications providers in Latin America and the US. Its largest market is Mexico, where its landline subsidiary, Telmex, has […]
