News

News

Hermes Commodities Strengthens Team with the Appointment of Senior Analyst

09/04/2013

Hermes Commodities, one of the UK’s largest institutional long-only commodity managers with over US$2.3bn assets under management*, announces the strengthening of its team with the appointment of Joseph Murphy as Senior Analyst.

DOWNLOAD PDF

Ahead Of The Curve: UK – ‘Carney’ Make A Difference?

08/04/2013

Despite an unchanged remit, the new BoE governor on 1 July offers fresh uncertainty. In his April Ahead of the Curve, Neil Williams, Chief Economist for Hermes’ Global Government & Inflation Bonds, considers Dr. Carney’s options, arguing that with the policy tool-box empty, and previous measures only beginning to support demand, more stimulus is likely.

DOWNLOAD PDF

Hermes Sourcecap: European reporting season puts stock selection to the fore

03/04/2013

Andrew Parry, CEO of Hermes Sourcecap, comments on the outlook for European stocks at the end of the latest reporting season.

Recent corporate results were mixed, with a similar number of companies beating estimates to those that missed consensus expectations. The reality of a difficult economic environment was reflected in the uneven profit experience across companies and even within industries.
The “hope” rally petered out, as a truer picture of the economic landscape began to emerge. Investors returned to concentrating on the financial merits of individual companies and their operating performance in the real world.

Hermes Sourcecap adds Jeronimo, sells Kingfisher

28/03/2013

James Rutherford, CIO of Hermes Sourcecap adds Jeronimo Martins to the portfolio in February and disposes of the holding in Kingfisher.

Jeronimo Martins is a Portuguese-listed food retailer operating the Biedronka hard discount stores in Poland and the Pingo Doce supermarkets in Portugal. Jeronimo Martins is currently in the process of transforming itself into a predominantly emerging markets-focused retailer by increasing the number of Biedronka stores in Poland by over 40% in the next three years and by entering the Colombian market.

Hermes Sourcecap: Weir validates long-term perspective

27/03/2013

James Rutherford, CIO of Hermes Sourcecap, comments on the outlook for European stocks at the end of the latest reporting season.

Sourcecap fared well over February’s reporting season, with the majority of our stocks either beating or matching consensus estimates while, with the exception of ING and Swedish Match, managing to avoid the “elephant traps” of significant disappointment on reported profits.

1 2 3 4 5 ...

Media Enquiries

Asmita Kapadia
Tel: +44 (0) 20 7680 2120
Mobile: +44 (0) 7738 916 122
Email: a.kapadia@hermes.co.uk

Jean Dumas
Tel: +44 (0) 20 7680 2152
Mobile: +44 (0) 7841 324061
Email: j.dumas@hermes.co.uk

Melanie Shelley
Tel: +44 (0) 2076802110
Mobile: +44 (0) 7767162317
Email: m.shelley@hermes.co.uk

Visit Media Centre

Hermes Fund Managers Limited: Registered in England & Wales No 01661776. Registered office – Lloyds Chambers, 1 Portsoken Street, London, E1 8HZ

The information contained on this website is for Professional Investors only.

Hermes is a multi-boutique asset manager, independent of any broader financial services organisation. Each Hermes operating entity is either a subsidiary of, or is otherwise affiliated to, Hermes Fund Managers Limited. The main operating entities within the Hermes group which carry on business under the name of "Hermes" are Hermes Investment Management Limited ("HIML"), Hermes Administration Services Limited ("HASL"), Hermes Equity Ownership Services Limited ("HEOS"), Hermes Real Estate Investment Management Limited ("HREIM"), Hermes BPK Partners LLP ("HBPK"). Hermes Sourcecap Limited ("HSL"), Hermes Fund Managers (North America) LP ("HFMNA") doing business as Hermes Global Equity Advisors; and Hermes Fund Managers (Australia) Pty Ltd ABN 46 143 252 948 ("HFMA"). Each of the above operating entities are separately authorised and regulated by the Financial Conduct Authority, except for HREIM, HEOS, HFMNA and HFMA. HIML currently conducts all regulated activities associated with HREIM. HIML, HBPK, HFMNA and HSL are all registered advisers with the United States Securities and Exchange Commission, ("SEC"). HFMA is registered with the Australian Securities and Investments Commission (ASIC) and holds Australian financial services license number 351784.

The information contained in this website does not constitute an offer of, or an invitation to apply for securities in any jurisdiction where such an offer or invitation is unlawful, or in which the person making such an offer is not qualified to do so.

You should read the Important Information which contains essential legal and regulatory notices before investing. To view Hermes' Privacy Policy click here.

| Login