We are an asset manager with a difference.
We believe that, while our primary purpose is helping beneficiaries retire better by providing world class active investment management and stewardship services, our role goes further. We believe we have a duty to deliver holistic returns – outcomes for our clients that go far beyond the financial and consider the impact our decisions have on society, the environment and the wider world.
Our goal is to help people invest better, retire better and create a better society for all.
We have been doing this since 1983, firstly to manage the assets of our owner, the BT Pension Scheme, and more recently for a growing range of external customers, from institutions to advised private investors resulting in £33.0 billion of assets under management and £336.1 billion in assets under advice.1
We concentrate on areas where our expertise can add most value for our investors, whether through specialist skill or accessing unique investment opportunities. We offer actively managed public and private markets solutions to investors across the world and, in Hermes EOS, have one of the world’s largest stewardship resources.
Our public markets capabilities include high active share equities, specialist credit and multi asset. Our private markets expertise includes real estate, infrastructure, private equity and private debt.
Offering long-term solutions to investors
Our ownership by one of the UK’s largest corporate pension schemes, and our partnership with some of the world’s leading institutions, provides us deep insight into the long-term needs of investors and enables us to offer solutions to their investment needs that may be hard to access elsewhere.
These range from the re-development of King’s Cross in London – one of Europe’s largest urban regeneration projects - to flagship infrastructure investments such as Eurostar and Associated British Ports.
A fast growing business
We were founded as the in-house manager for the BT Pension Scheme, but today, we attract clients and partners from around the world, including many of the world’s best known financial organisations. We manage money for more than 564 clients in 32 different locations across the world. 2
We believe that stewardship matters
Since our establishment in 1983, we have believed that we have a duty that extends beyond the purely financial; that we must act as stewards of the investments we manage and advise. We established Hermes EOS, one of the world’s largest stewardship teams, in 2004. Today Hermes EOS advises more than £336.1 billion for some of the world’s leading pension funds.
We do this because we believe it is right for investors and right for society. We believe better governed companies deliver better returns and create a better society in which investors live. We are involved in many of the world’s leading stewardship organisations including the PRI.
- 1 Please note the total AUM figure includes £5.8bn/US$7.8bn/€6.5bn of assets managed or under an advisory agreement by Hermes GPE LLP (“HGPE”), a joint venture between Hermes Fund Managers Limited ("HFM") and GPE Partner Limited. HGPE is an independent entity and not part of the Hermes group. £125.8m/US$170.1m/€141.7m of total group AUM figure represents HFM mandates under advice. Source: Hermes as at 31 December 2017 with the exception of one portfolio totalling £9.9m/US$13.4m/€11.1m valued as at 30 September 2017, and one portfolio totalling £2.7m/US$3.6m/€3.0m valued as at 30 June 2017.
- 2 Source; Hermes, December 2017