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Hermes sets high target for Asia growth
The recently-acquired boutique firm seeks a substantial increase in regional asset growth over the next five years, according to Harriet Steel, global head of business development based in London.
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Schroders votes against pay at Netflix and Hermes
Schroders voted against the remuneration policies of several well-known companies in the second quarter of 2018 as it stepped up its aggression on pay, bonuses and board independence.
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Norges Bank excludes companies from pension fund
Norway’s central bank, Norges Bank, has excluded four companies from its Government Pension Fund on ethical recommendations by its Council of Ethics.
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Church against “premature” fossil fuel divestment
The Church of England has committed to divesting from all fossil fuel companies by 2023 but said that calls for it to do so earlier, by 2020, would leave its “strategy and influence in tatters.”
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US hedge funds and PE firms still behind on ESG
Nearly a third of private equity and hedge fund managers in the United States are still largely ignoring environmental, social and governance factors in their investment approaches, according to new research.
