CLOSE

We permit the publication of our auditors’ report, provided the report is published in full only and is accompanied by the full financial statements to which our auditors’ report relates, and is only published on an access-controlled page on your website https://www.hermes-investment.com, to enable users to verify that an auditors’ report by independent accountants has been commissioned by the directors and issued. Such permission to publish is given by us without accepting or assuming any responsibility or liability to any third party users save where we have agreed terms with them in writing.

Our consent is given on condition that before any third party accesses our auditors’ report via the webpage they first document their agreement to the following terms of access to our report via a click-through webpage with an 'I accept' button. The terms to be included on your website are as follows:

I accept and agree for and on behalf of myself and the Trust I represent (each a "recipient") that:

  1. PricewaterhouseCoopers LLP (“PwC”) accepts no liability (including liability for negligence) to each recipient in relation to PwC’s report. The report is provided to each recipient for information purposes only. If a recipient relies on PwC’s report, it does so entirely at its own risk;
  2. No recipient will bring a claim against PwC which relates to the access to the report by a recipient;
  3. Neither PwC’s report, nor information obtained from it, may be made available to anyone else without PwC’s prior written consent, except where required by law or regulation; and
  4. PwC’s report was prepared with Hermes Property Unit Trust's interests in mind. It was not prepared with any recipient's interests in mind or for its use. PwC’s report is not a substitute for any enquiries that a recipient should make. The financial statements are as at 25 March 2016, and thus PwC’s auditors’ report is based on historical information. Any projection of such information or PwC’s opinion thereon to future periods is subject to the risk that changes may occur after the reports are issued and the description of controls may no longer accurately portray the system of internal control. For these reasons, such projection of information to future periods would be inappropriate.
  5. PwC will be entitled to the benefit of and to enforce these terms.
I accept
CLOSE

1. Select your country

  • United Kingdom
  • Austria
  • Australia
  • Belgium
  • Denmark
  • Finland
  • France
  • Germany
  • Iceland
  • Ireland
  • Italy
  • Luxembourg
  • Netherlands
  • Norway
  • Singapore
  • Spain
  • Sweden
  • Switzerland
  • USA
  • Other

2. Select your investor type

  • Financial Advisor
  • Discretionary Investment Manager
  • Wealth Manager
  • Family Office
  • Institutional Investor
  • Investment Consultant
  • Charity, Foundation & Endowment Investor
  • Retail Investor
  • Press
  • None of the above

3. Accept our terms and conditions

Proceed

The Hermes Investment Management website uses cookies to remember your preferences and help us improve the site.
By proceeding, you agree to cookies being placed on your computer.
Read our privacy and cookie policy.

Neil Williams

Ahead of the Curve

Archive

Home / Perspectives / Neil Williams Archive – Ahead of the Curve

Neil Williams, Group Chief Economist
05 January 2015
Ahead of the CurveEconomics

An archive of Ahead of the Curve articles from Neil Williams.

Euro-zone - pulling the trigger... January 2015

QE - has it worked?... November 2014

US - the 'perplexing' labour market... August 2014

UK rates - taking the first baby steps. July 2014

Eurozone - Smelling deflation... May 2014

UK - guiding us to the peak interest rate... April 2014

Tightening the screw?... February 2014

Euro-Zone - The next phase... January 2014

The UK's sugar rush recovery... October/November 2013

Japan - can Abe hit the target?... August 2013

Too loose for comfort?... July 2013

Euro-zone - biting the hand... May 2013

UK - ‘Carney’ make a difference?... April 2013

Euro-zone – on the mend?... January/February 2013

UK – where will inflation come from?... November 2012

US – Avoiding the cliff... October 2012

UK – no more than a zigzag... August 2012

Tighter policy in 2013?... July 2012

US Fed - Falling behind the curve?... May 2012

Euro-zone – converging on the weakest... April 2012

Japan – taxing times... February 2012

The euro – still in search of a government... January 2012

UK – QE go again!.. November 2011

US – a twist in the tale... October 2011

Euro-zone - all sorted? ... August 2011

Soft patch or relapse? ... July 2011

Economic policy – back to normal? ... May 2011

Euro-zone – relieving the misery? ... April 2011

UK - danger of driving by the rear-view mirror ... February 2011

Germany gets competitive ... January 2011

UK - axe, not scalpel ... November 2010

US Recovery - It's different this time ... October 2010

The euro-zone's misery ... August 2010 edition

The UK's fiscal gamble ... July 2010 edition

Will central banks fall behind the curve? ... May 2010 edition

Japan - Looser for longer ... April 2010 edition

UK - keep the ‘corset’ on ... February 2010 edition

Tensions in the euro-zone ... January 2010 edition

No rush for the exit ... November 2009 edition

Quantitative Easing – is it working? ... October 2009 edition

Green shoots or weeds? ... September 2009 edition

Share this post:
Neil Williams Group Chief Economist Neil joined Hermes in August 2009 and is responsible for Hermes’ economic research. He has a forward-looking approach to generate investment strategy ideas. Neil adopts top-down methods – macro and market analysis to identify interest rate and credit value, and sovereign default risk. Neil began his career in 1987 at the Confederation of British Industry (CBI), becoming its youngest ever Head of Economic Policy. He went on to hold a number of senior positions in investment banks - including Director of Bond Research at UBS, Head of Research at Sumitomo International, Global Head of Emerging Markets Research at PaineWebber International, and, before coming to Hermes, Head of Sovereign Research and Strategy at Mizuho International. Neil has 29 years’ industry experience and earned an MA in Economics in 1986 from Manchester University, having the previous year completed his BSc (Hons), also in Economics, from University College Swansea.
Read all articles by Neil Williams