UK/GLOBAL - Hermes Pension Management is seeking to improve mutual understanding of corporate governance between Japan and the UK.
A senior executive of Nissay Asset Management – the asset management arm of Japan’s largest insurer, Nippon Life – will spend a year in London with Hermes working alongside corporate governance director Michelle Edkins.
Hermes says Nissay’s Toshiaki Oguchi will bring a Japanese perspective to its voting interests in Japan.
Hermes corporate focus director Peter Butler said: “We always try to implement our corporate governance policies with thought and with sensitivity to the local context. This is considerably easier if like-minded inv-estors work together.”
Butler added: “Having Toshi here will help Namco better understand Hermes’s approach to corporate governance and will help us shape our approach to Japanese companies.”
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