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David Pitt-Watson

Chair and founder, Hermes Focus Funds, UK
David Pitt-WatsonDavid Pitt-Watson

David Pitt-Watson is chair and founder of Hermes Focus Funds, the first shareholder activist fund of any large institution in the world. Over the last ten years these funds and Hermes’ other stewardship activities have catalyzed change at some of Europe’s largest companies and have been instrumental in many initiatives in the field of responsible investment. Following an early career at 3i and McKinsey & Company, Pitt-Watson was cofounder and ultimately managing director of Braxton Associates Ltd, which became the strategic consulting arm of Deloitte & Touche. In that role he had 17 years’ experience of boardroom decision-taking and corporate transformation. A graduate of Oxford and Stanford universities, Pitt-Watson was visiting professor of strategic management at Cranfield School of Management from 1990 to 1995.

Articles by this Author

  • Money Managers
    by David Pitt-Watson
    Money managers (also known as fund managers or investment managers) manage money on behalf of other people. In most Western countries more than half the population will, directly or indirectly, have a money manager working for them. The managers find suitable investments, and are usually given the discretion by clients to make investments on their behalf.It is usually the client who owns the investment and takes the risk that it will do well or...

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