Federated Hermes has hired Ross Teverson from Jupiter as a dedicated team head for engagement in Asia and emerging markets.

Based in London, Teverson will be responsible for the development and delivery of Federated Hermes’ EOS engagement plan with companies in the region. The group said it engaged with 270 firms in Asia and EMs last year, and it now has 45 individuals working on its stewardship team globally.

At Jupiter, Teverson was head of strategy for global emerging market equities and was also a member of the stewardship committee and leadership group. He has also worked at Standard Life Investments.

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He said: “Global momentum behind shareholder proposals on climate and human rights remain on the increase, with Asia and emerging markets at the forefront of this expansion. We are also seeing Asian regulators progressively encourage the adoption and disclosure of Paris-aligned transition strategies. The team and I look forward to broadening the climate conversation from a focus on environmental risk to amplify the social risk of failing to ensure a just transition, alongside our existing programme of engagement.”