Hermes originally commenced business under the name PosTel Investment Management Limited (PosTel) in 1983, which was established as the investment management team of the Post Office Staff Superannuation Fund. This subsequently split into two pension schemes, the Post Office and British Telecommunication Staff Superannuation schemes. The latter scheme, British Telecommunications, was renamed 'BT' and its pension renamed the BT Pension Scheme (BTPS).
The trustees of the BT Pension Scheme purchased the Post Office Scheme's holding in PosTel; following this purchase the business changed its name to Hermes, the mythical Greek messenger of the gods
Continuing our long-term commitment to responsible asset management Hermes launches the landmark 'Hermes Principles' document which sets out what a shareowner should expect of a publicly listed company, and what these companies should expect from their owners
Recognising the growing importance of asset owners engaging with the companies that they own, Hermes EOS is launched to provide engagement and stewardship services to Hermes and third party clients. It grows to become one of the world’s leading stewardship services
Hermes and the BT Pension Scheme become founding members of the United Nations Principles for Responsible Investment (UNPRI) having played an integral role in the development of the Principles.
Hermes Investment Funds launches a range of unitised funds covering a range of asset classes.
Hermes' investment teams expand with the acquisition of Hermes Sourcecap to manage European equity strategies.
Hermes re-brands to become Hermes Investment Management, reflecting its international client base and global ambition
CEO Saker Nusseibeh recognized as CEO of the year by Global Investor for his work in challenging investment orthodoxy and encouraging a responsible approach to investing that considers the impact of investment decisions on the broader community