In this #FundManagerChat podcast, Tim Crockford, fund manager at Hermes Investment Management, outlines the objectives and philosophy of his Hermes European ex UK Equity Fund. Tim also discusses where he is currently looking for opportunities in the European equities market, what areas he is avoiding, and how his portfolio might be affected by current market developments. Running Order Run Time Topic 00:20 Tell us about the objective and philosophy of the Hermes European ex UK Equities Fund. 01:15 What is the “thematic framework” you use at Hermes Investment Management? 02:20 Where are you finding opportunities in Europe at the moment? 04:00 What

The thirteenth annual Lipper Alpha Expert Forum was held in London on November 8, 2018 and maintained its reputation as one of the European mutual fund industry’s premier thought-leadership events. We welcomed some of the preeminent fund industry executives in Europe to share their views on key developments and challenges facing the industry today. Once again we partnered with the Chartered Institute of Securities and Investment–the leading professional investment body in the U.K.–as our co-hosts, and a full house in the Thomson Reuters Auditorium ensured a lively debate. Future directions for fund groups Lipper’s Jake Moeller moderated the morning’s first panel

In this podcast, Gary Greenberg, head of Emerging Markets (EM) at Hermes Investment Management and manager of the U$4.4 billion Hermes Emerging Market Equities Fund provides his current views on the state of EM markets. Gary outlines where he is currently finding value for his portfolio and the key factors for his stock selection process. He highlights some of the macro “noise” that he believes may be distracting investors and points out the headwinds that are most significant for him. Gary also outlines issues around liquidity, capacity and how ESG considerations formulate part of his investment process. Running Order Run

In this podcast, Andrew Parry, Head of Sustainable Investing at Hermes Investment Management, discusses how environmental, social & governance criteria (ESG) can no longer be overlooked by companies and investors alike. He examines how sustainability has become a global imperative for maximising investment opportunities rather than merely an ancillary issue. Andrew also considers the evolution of sustainable investing from its historical roots in ethical investing, how different asset classes benefit from stewardship and how passive investing can overlook these criteria. Running Order Andrew is chatting with Jake Moeller, Head of Lipper UK and Ireland Research at Refinitiv, in London on December

The twelfth annual Lipper Alpha Expert Forum was held in London on November 7, 2017 and maintained its reputation as one of the European mutual fund industry’s premier thought-leadership events. We welcomed some of the preeminent fund industry executives in Europe to share their views on key developments and challenges facing the industry today. Once again we partnered with the Chartered Institute of Securities and Investment–the leading professional investment body in the U.K.–as our co-hosts, and a full house in the Thomson Reuters Auditorium ensured a lively debate. The evolution of ethical investing to ESG and beyond The morning’s first panel

The “Brexit” result in the recent British EU membership referendum has surprised many analysts and investors. According to Lipper data, the European mutual fund market suffered net outflows of over €20 billion in June 30, 2016. Despite this, equity markets have been surprisingly buoyant with the MSCI World Index in Sterling reaching a five-year high (see Exhibit 1. below). In this podcast, Andrew Parry, Head of Equities at Hermes Investment Management, examines the recent machinations of the European equities market and discuss current opportunities and threats in light of post-referendum uncertainty. He is talking with Jake Moeller, Head of UK

The short-term volatility of U.K. domiciled mutual funds is beginning to normalize after peaking in the aftermath of the “Brexit” result of the U.K.’s European Union referendum on June 24, 2016. The featured graph (above) shows the daily rolling ten-day volatility of funds in the Lipper Global Fund Classifications, popular in the U.K., going back one year. The short-term volatility spike evident post “Brexit”- vote can be seen clearly across most sectors, but it has been most marked in the U.S. and U.K. equities classifications. A similar spike in short-term fund volatility was seen in the aftermath of the China

Jake Moeller examines recent discussions in the closet trackers debate.  It’s a tough time to be an active fund manager. Arguably it has been since the height of the global financial crisis when their fallibility was revealed in that traumatic event. Since then scrutiny by investors, regulators and financial media has been unrelenting and it has had a material impact on how active fund managers run their business. Reforms on the disclosures of fees are well documented, examination of inducements has affected how fund managers and gatekeepers interact and, the increasing prevalence of passive instruments and “robo” distribution has exerted

Lipper’s ninth Annual Lipper Expert Forum was held at the Thomson Reuters Auditorium at Canary Wharf, London on November 12, 2014. It brought together some of the industry’s top leaders to discuss key issues in the world of active and passive funds management and consider the market outlook for 2015. This year the event was held in conjunction with the Chartered Institute of Securities and Investment, one of the premier professional bodies in the U.K. A full house of delegates ensured that there was a high degree of anticipation as proceedings got underway and this year for the first time,