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

Shareholder Rights Directive: A step towards sustainable capitalism

For too long, the majority of the investment community has neglected its fiduciary responsibilities, whilst investors focused on short-term financial returns, most failed to notice the approaching global financial crisis. Alarm bells should have rung across investment houses as increasingly complex financial models, inadequately managed risk taking and inappropriate incentive structures led to poor corporate behaviour and endangered the savings of millions of pensioners.

 

We believe that the Shareholder Rights Directive is a profound shift for European asset managers and owners compelling all to end the short-termism that has blighted capital markets, credibly integrate ESG and other long term factors in their investment process and be responsible stewards of investments. 

The Shareholder Rights Directive survey, A step towards sustainable capitalism, conducted with 175 European institutional investors to gauge levels of awareness and readiness for the the Directive, reveals that only a staggering 3% are fully prepared to meet their obligations.

More Insights

Coronavirus: a message from our leadership team
In these uncertain times and volatile markets, we are taking all necessary steps to protect the health of our people and their families, and to support clients' investment aims.
Federated Hermes, Inc. Introduces New Brand Identity
Federated Investors, Inc. and Hermes Investment Management have combined their names to become Federated Hermes, Inc.
Looking into 2020 with Hermes
What will be top of the investment agenda in 2020?
Hermes calls for active stewardship transformation across asset management industry
The investment management industry is today falling short of its duty to create long-term, sustainable wealth and must now put active stewardship at the centre of its activities, operations and purpose. This is the conclusion of a new paper from Hermes Investment Management.
Stewardship: the 2020 vision
We call for a seismic change in the way the investment management industry operates
Coming of age: 15 years of stewardship services with Hermes EOS
In the 15 years since Hermes EOS was launched, stewardship has travelled from the fringes to the mainstream.