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.

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