Alliance Trust appoints Hermes to boost sustainable oversight

Part of wider ESG push

David Brenchley
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Craig Baker, chairman of the Alliance Trust Investment Committee
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Craig Baker, chairman of the Alliance Trust Investment Committee

Alliance Trust has appointed Hermes Equity Ownership Services (HEOS) to help it better engage with investee companies on environmental, social and governance (ESG) issues.

The £3bn global equity trust said its ESG oversight is already a key part of its investment process, but that the appointment of Hermes Investment Management's industry experts will bolster its approach to sustainable investing. How Alliance Trust is recovering from 'awful period' and what can attract wealth manager interest Craig Baker, chairman of the Alliance Trust Investment Committee and global CIO at Willis Towers Watson, said he and his team already "interrogate the trust's managers' processes and portfolios to ensure that… sustainability is a genuine part of their decision mak...

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