Hermes strengthens Responsibility Office with two new hires
Hermes Investment Management, the £33.6 billion manager, has today announced the expansion of its Responsibility Office, with the appointment of Ingrid Holmes and Kate Fowler. Led by Leon Kamhi, Head of Responsibility, the Responsibility Office coordinates, develops and supports the implementation of the firm’s responsible investment and stewardship policies. Holmes has a strong track-record in […]
Hermes appoints Director of Business Development for the Nordics
Hermes Investment Management, the £33.6 billion manager, has today announced the appointment of Magnus Kristensen as Director of Business Development for the Nordic region. Based in Denmark, Magnus will report into Paul Voute, Head of European Business Development. The Nordic region is a core market for Hermes, where the firm has developed a diversified pool […]
Hermes expands EOS team in North America
Hermes Investment Management, the £30.8 billion manager, has appointed Tim Youmans as Engagement Director in its stewardship and engagement team, Hermes EOS. Based in New York, Tim will focus on enhancing the activities of Hermes EOS in the North American market and will report to Bruce Duguid, Head of Stewardship, Hermes EOS. In this role, […]
Hermes adds to fixed income offering with launch of Unconstrained Credit Fund
Hermes Investment Management, the £33.6 billion manager, has today added to its global fixed income product offering with the launch of the Hermes Unconstrained Credit Fund. The UCITS Fund, seeded by cornerstone investors including Quilter Multi-Asset, has investor commitments of £185m and aims to offer a high-conviction, multi-sector credit solution that is structured to perform […]
Hermes EOS to call for more effective leadership and management stability at Deutsche Bank AGM
Ahead of the Deutsche Bank AG AGM on Thursday 24 May, Dr. Hans-Christoph Hirt, Head of Hermes EOS at Hermes Investment Management, highlights the questions the Chair needs to answer and explains why the Chair is ultimately responsible for the company’s limited progress in the implementation of a value-creating strategy. He also raises concerns about the […]
Hermes EOS to provide qualified support for the Chair of Deutsche Börse
Ahead of the Deutsche Börse AGM on Wednesday 16 May, Dr Michael Viehs, Associate Director of Responsibility, comments on Hermes EOS’s voting recommendations and the qualified support for the re-election of Joachim Faber, the Chair of the supervisory board. Specifically, Hermes EOS recommends its clients and other investors to: Vote against the discharge of the company’s former CEO Carsten […]
Hermes EOS to raise investors’ concerns at the Volkswagen AGM
Ahead of the Volkswagen AGM on Thursday 3 May, Dr Michael Viehs, Associate Director of Responsibility, comments on Hermes EOS’ voting recommendations and highlights the issues the company urgently needs to address: Recommendation to vote against the candidates proposed for election to the supervisory board A call for an external supervisory board and corporate culture […]
Quadgas Investments enters agreement to acquire remaining 25% interest in Cadent Gas
LONDON, 1 May 2018. Quadgas Investments BidCo Limited (‘Quadgas’), a consortium of long-term infrastructure investors, is pleased to announce it has entered into an agreement to potentially acquire the remaining 25% ownership interest in Cadent Gas (‘Cadent’) from National Grid plc (‘National Grid’). The acquisition is at the option of National Grid or Quadgas (as […]
Hybrids revisited
Opportunities across the Atlantic
Federated Investors, Inc. to Acquire Majority Interest in London
Based integrated ESG Manager Hermes Investment Management from BT Pension Scheme
