Global investment management giants Hermes Investment Management and Federated Investors have combined to form a new responsible investment focused identity.
The BT Pension Scheme (BTPS) is to sell two-thirds of its interest in Hermes Fund Managers, the investment company it founded 35 years ago, to American asset manager Federated Investors for £246m.
Inflation could return to the Bank of England's (BOE) 2% target by the end of the year if oil prices stabilise at current levels, according to Hermes Investment Management.
Defined benefit (DB) pension scheme trustees must challenge consultants on how to make the most of their position as long-term investors, according to Hermes Fund Managers.
Pension funds have been warned that there is room for interest rates to fall even further after the European Central Bank (ECB) slashed rates in the eurozone.
Trustees must take a position on the direction of interest rates before they decide on their investment strategy, according to Hermes Fund Managers chief executive Saker Nusseibeh.
BT Pension Scheme has boosted its UK infrastructure portfolio by buying a 13% stake in the holding company of Thames Water.
Hermes Equity Ownership Service has announced its intention to withold support from key board members at the forthcoming News Corporation shareholder meeting.
Current investment theory and practice runs the risk of failing investors at their time of greatest need, a new group of investment managers warns.