Tag Archives: Hermes Fund Managers

Why Generation Y is turned off by investment in their future

geny2This post is by Saker Nusseibeh, chief executive officer of Hermes Fund Managers. It is the foreword to Green Alliance’s new report The future savings challenge, produced in association with Hermes.

In the debate about the future of the financial system and the reforms needed to ensure that it is better positioned to serve its proper purpose in society, what is often forgotten is that the investment industry is merely an agent for ordinary savers, who are often excluded from the discussion by the ‘professionals’ and the academics. Such exclusion reflects the disassociation of the ultimate asset owners from the actions undertaken by their agents, which in many ways has contributed to the dysfunctionality of the industry. Read more