Chief Executive Saker Nusseibeh and Group Chief Economist Neil Williams respond to a clear ‘Leave’ majority vote
Saker Nusseibeh, Chief Executive: With the vote decided yesterday, we now have to move away from the rhetoric that typified this campaign. Prior to the referendum, we ran several scenarios on our strategies, and we are reasonably confident that they were well positioned for a Brexit vote in the short term. However, we are watching […]
Navigating low carbon pathways
The current economic and financial models used by the investment industry need to be reconsidered if the targets outlined in the 2015 Paris Climate Change Agreement are to be reached, according to a new report entitled Navigating low-carbon pathways from Hermes Investment Management. Doing so is the only way to address the valuation threats climate change poses to […]
Quad Gas Group acquires 61% stake in National Grid Gas Distribution
Quad Gas Group, a consortium of long-term infrastructure investors, today announces that it has entered into an agreement with National Grid plc to acquire a 61 percent shareholding in its four regulated gas distribution networks. These gas distribution networks cover the East of England, North London, North West and West Midlands, and distribute gas to […]
Hermes responds to the UK Government’s paper on corporate governance reform
Leon Kamhi, Head of Responsibility at Hermes Investment Management, comments on today’s publication, Corporate governance reform, by the UK Government: “The additional measures proposed today by the Government look set to strengthen investors’ hand on pay, and it is now incumbent on both companies and us as investors to respond to the challenge of excessive […]
Hermes calls for overhaul of CEO and executive remuneration models
Hermes Investment Management (Hermes), the £28.6 billion manager focused on delivering superior, sustainable, risk adjusted returns to its clients – responsibly, is calling on large publicly listed companies to overhaul current executive remuneration models. In its paper ‘Remuneration Principles: clarifying expectations’, Hermes outlines why well-structured remuneration practices are key to aligning the activities of management with […]
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 […]
