With Brexit just over a year away, Hermes Investment Management discusses the road ahead in the final countdown.

Water is one of the most essential natural resources – recognised by the United Nations as a human right and a key input to the global economy. Today, water risks are becoming more apparent in companies’ supply chains. But as some struggle with the complexities of water stewardship, we explain how

While opportunities exist in both liquid and illiquid credit, investors should be heeded to fit a guardrail, as stormier conditions loom on the horizon. From accessing the illiquidity premium to applying overlays to global liquid credit, Andrew Jackson, Head of Fixed Income at Hermes Investment

The recent weakness of equity markets looks driven more by the drift-up in bond yields, US tightening expectations and what they may mean for future growth, rather than any downturn in the economic data. A testament to recovering, rather than relapsing, economies. The challenge now for markets

While European equities rebounded strongly in the past 12 months as the region’s economic recovery deepened, these four stocks faltered. James Rutherford, Portfolio Manager and Martin Todd, Co-Manager, Hermes European Alpha, at Hermes Investment Management explain why they decided to retain – or add

As the fear of rising inflation resurfaces, investors are embracing inflation-linked-bond funds in efforts to preserve capital1. We agree with their motive, but not their course of action: the instruments are more sensitive to interest rates than many people realise and are likely to outperform only

Concern about climate change and air pollution is driving an increasing focus by governments on the environmental impact of the automotive sector. Regulation has become a key driver of innovation, accelerating the move away from the long-dominant internal combustion engine (ICE), with fully electric

Gary Greenberg, Head of Emerging Markets at Hermes Investment Management, doesn’t expect a ‘ruff’ time.

Historically, the shape of the US Treasury yield curve has proven a reliable indicator of future economic activity. Notably, a curve inversion – when short-term rates exceed long-term yields – has preceded every post-World War II recession.

Two years ago, we argued that 2016 was a year of transition for emerging markets (EMs). After five years of underperformance relative to developed markets (DMs), favourable winds were stirring: we saw early signs that the commodity cycle was bottoming out, productivity among EM companies was