EOS at Federated Hermes Limited (EOS) has been appointed by Danish asset manager BankInvest to provide engagement and voting services across the firm’s equity and fixed income portfolio of $15.3bn.
Building on recent growth momentum in the Nordics, EOS now represents a portfolio of $184bn* across local government and private pension services providers, and institutional investors in the Nordic region. It leverages its influence of $2.1tn in assets under advice globally to focus its engagements on the issues with the greatest potential to deliver long-term value for its institutional investor client base. Issues of most importance to its Nordic clients include human and labour rights, human capital management and climate change.
BankInvest aims to provide high-quality investment and administration services to its diverse client base in and outside of Denmark. The firm’s appointment of EOS will enhance its responsible investment approach, as BankInvest seeks to further scale its engagement capabilities and voting framework.
Christine Bergstedt Jorgensen, Director for Business Development, Nordics, Federated Hermes Limited
Federated Hermes has been a trusted presence in the Nordic market for over a decade. Our leading stewardship credentials have earned the confidence of numerous financial institutions and asset owners. Leveraging the influence of our $2.1 trillion asset base, we look forward to bringing our active ownership expertise to our partnership with BankInvest in order to responsibly create lasting value for their clients.
Jakob Møller Petersen, Chief Sustainability Officer, BankInvest
Active asset management is the foundation of BankInvest’s investment approach. We see dialogue as an important part of understanding the opportunities and risks facing the companies we invest in. To strengthen our active ownership and further promote long-term value creation, we have decided to complement our individual engagements by entering a partnership with EOS. With this, we hope to expand our engagement reach and influence, while ensuring even stronger alignment between our voting and engagement objectives.
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