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

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 embody. Taken initially by every member of the Hermes Executive and Management Committees, the pledge is being rolled out to all Hermes staff.

Saker Nusseibeh, Chief Executive, Hermes Investment Management, said: “At Hermes we have a strong culture of responsibility, established long before it became fashionable in the industry. It is ingrained in our corporate DNA, and informs the way in which we behave as a firm and as individuals. Our new pledge is one way we are making clear our commitments, obligations and responsibilities, but of course, we expect to be judged by our deeds, not our words.”

The Hermes Pledge


I pledge to fulfil, to the best of my ability and judgment and in accordance with my role, this covenant:

• I will act ethically, responsibly and with integrity
• I will put the interests of our clients and their beneficiaries first
• I will encourage responsible behaviour in the firms in which we invest and on which we engage
• I will act with consideration for society and the environment both now and in the future. I will encourage others to do the same
• I will work with industry colleagues and other key stakeholders to develop and improve our industry’s contribution to society
• I will treat my clients, my colleagues and all other stakeholders with respect and as I would wish to be treated
• I will deal with our regulators in an open, co-operative and timely way
• I will communicate clearly and honestly with all parties inside and outside our firm
• I will manage conflicts of interest fairly between all parties

 

Latest Articles

Federated Hermes comments ahead of US Election
Federated Hermes comments ahead of US Election
Green bond-financed projects are necessary but not sufficient
In its September Quarterly Review, the Bank of International Settlements (BIS) published a much-needed article that analysed the impact of fighting the climate crisis at the firm-level from corporate projects funded by green bonds
Economic Outlook: Will the debt matter?
Neil Williams examines the impact that various pandemic-related stimulus packages have had on both global government debt and the efficacy of monetary and fiscal tools available to policy-makers.
Credit Investors not valuing their privacy
Evidence shows that bonds issued by private companies offer no premium versus those with public equity market capitalization. Historic data coupled with elevated risks highlight why Fraser Lundie, Head of Credit at the international business of Federated Hermes, views this as a mispricing.
Federated Hermes expands European footprint with local Spanish office
Federated Hermes has further expanded its footprint across Europe by establishing a local office in Madrid, Spain.
Federated Hermes, International maintains A+ rating in 2020 PRI Assessment
The international business of Federated Hermes has maintained the highest rating “A+” for Strategy and Governance from the UN PRI in its latest annual responsible investing assessment.

Press Contacts

Johnny Weir, Head of Corporate Communications
Rachael Dowers, Manager - Corporate Communications
Hannah Bellfield, Assistant Manager - Corporate Communications
Harriet Hall, Associate - Corporate Communications