Hermes European Equities Limited (London)


Hermes European Equities Limited is a large advisory firm based in London. It manages $1.2 billion of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdiction of California.

Hermes European Equities Limited provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Hermes European Equities Limited: assets under management

The assets under management (AUM) of Hermes European Equities Limited is $1.2 billion. The firm's AUM has gone down by -73% since the beginning of its operation, and $515.12 million of the total AUM is attributable to clients outside of the United States.

The firm manages $1.18 billion in discretionary accounts and $24.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $235.83 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $24.22 million.

Investments

The firm invests in exchange traded securities the most. They account for 98% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Hermes European Equities Limited for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Saker Anwar Nusseibeh serves?

The firm provides services to banking or thrift institutions, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Saker Anwar Nusseibeh is state or municipal government entities with 1 clients and $688.24 million of assets under management. Among the 6 most similar advisory firms, Hermes European Equities Limited has the highest percentage of state or municipal government entities out of all clients.

The amount of regulatory assets under management is $1.2 billion for 6 clients. 43% of the firm’s clients are foreign persons or businesses.

Hermes European Equities Limited doesn't advise any private funds.

Careers at Hermes European Equities Limited

The company employs 7 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Saker Anwar Nusseibeh has been acting as President since 1 Dec 2009. Federated Holdings (Uk) Ii Limited joined the executive team most recently as the Shareholder.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Robert Andrew Parry Director and ceo 1 Jun 2008 Other 5074310
James Wilkie Rutherford Director, cio 1 Jun 2008 Other 5314424
Hermes Fund Managers Limited Shareholder 1 Dec 2009 75% - 100% foreign
Saker Anwar Nusseibeh Director 1 Dec 2009 Other 4354094
Ian Marshall Kennedy Director 1 Oct 2015 Other 6566903
Gillian Marjorie Clarke Chief compliance officer 1 Jun 2016 Other 5775727
Christopher Mark Taylor Director 1 Jun 2017 Other 6577184
Harriet Anne Steel Director 1 Jul 2017 Other 6039040

Indirect Owners

The SEC currently registers 9 indirect owners.

Name Entity Date acquired Ownership Employer ID
Britel Fund Trustees Limited Sole shareholder 1 Dec 1982 75% - 100% foreign
Britel Fund Nominees Limited Sole shareholder 1 Mar 1983 75% - 100% foreign
Britel Fund Trustees Limited Sole shareholder 1 Mar 1983 75% - 100% foreign
Bt Pension Scheme Trustees Limited Corporate trustee 1 Mar 1983 Other foreign
Federated Investors Inc Shareholder 1 Mar 1983 75% - 100% 25-1111467
Britel Fund Trustees Limited Shareholder 1 Apr 1983 25% - 50% foreign
Fii Holdings Inc Shareholder 1 Dec 1998 75% - 100% 51-0269881
Federated Holdings (Uk) Ii Limited Shareholder 1 Jul 2018 50% - 75% foreign
Federated International Holdings B.V. Shareholder 1 Jul 2018 75% - 100% foreign

Based in London

The principal office where Hermes European Equities Limited performs its advisory services is located at 150 Cheapside, London, Ec2 V 6 Et, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +44 207 702 0888 or by fax +44 207 702 9452. The normal business hours are 9am - 5pm gmt on Monday - Friday. You can find more information about the New York firm at hermes-investment.com.