Sustainable Investment: Federated Hermes' Kamhi on sustainable wealth creation and where the industry needs to move quicker

More progress needs to be made

In the second of a new series of interviews with sustainable investment leaders in asset management, Ellie Duncan speaks to Leon Kamhi, head of responsibility at the international business of Federated Hermes, about being an active steward, "holistic returns" and greenwashing.

The Covid-19 pandemic, recent weather events and protests about racial inequality may have stirred up a sense of urgency around ESG, but the asset management industry needs to do more, says Leon Kamhi, head of responsibility at international business of Federated Hermes.  As an executive within a firm that has focused on ESG for several decades, Kamhi recalls that even amid the financial crisis, ESG factors were largely being ignored by fund managers.   While disclosure was improving, "no one was really taking it seriously," he says.  Fast-forward ten years, and despite the recent ...