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 […]
Response to FCA interim report
Saker Nusseibeh, Chief Executive, Hermes Investment Management responds to the FCA interim report. We welcome the FCA’s efforts to seek a better deal for savers, which is overdue. As a business, our mission is to help savers and beneficiaries retire better. We believe this can only be achieved by looking at long-term holistic returns that […]
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 […]
