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.
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.
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