AMWatch

Hermes says continual innovation gives competitive edge

More and more asset managers are now claiming that responsible investment is deeply rooted in their organisations. Not a problem, says Andrew Parry, Head of Responsible Investing at Hermes Investment Management. The boasts raise awareness of the issues, and anyway -- there is no competitive substitute for the actual quality of your output, he says.

Andrew Parry is Head of Sustainable Investing and a member of the Hermes Strategy Group. He joined the firm in 2009, initially as Chief Executive and Co-Head of Investment for Hermes European Equities, becoming Head of Equities in 2014. | Photo: PR: Hermes Investment Management

Hermes Investment Management (Hermes) – an EUR 38 billion UK-based asset manager – was one of the founders of the UN Principles for Responsible Investment (PRI). In fact, part of the principles were written in the firm’s London offices.

Hermes’ business model combines active asset management and assisting other institutional investors on matters related to responsibility, such as engagement, screening and voting.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

ATP to pressure portfolio companies with new tool

Starting next year, companies will be required to divulge the proportion of investments and revenue which can be classed as sustainable. This is meant to provide institutional investors with far better means to push carbon-intensive businesses in a greener direction, says ATP about vastly improving its active ownership.

GSAM bets on millennials

Through a partnership with Max Matthiessen and its fund firm Navigera, Swedish customers can get access to one of Goldman Sachs Asset Management’s active equity strategies. It’s one that is based on the rise of a powerful consumer force, portfolio manager Laura Destribats says during a Stockholm press meet.

Further reading

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch