Hermes, Federated and UBS launch SDG credit funds
Hermes Investment Management, Federated Investors and UBS have launched a range of credit funds targeting the UN's Sustainable Development Goals (SDGs).
First State Super contracts Hermes EOS
One of Australia's largest pension funds, First State Super, has selected Hermes Equity Ownership Services (EOS) to provide engagement services in overseas markets.
Federated Investors takes majority stake in Hermes
Federated Investors, a US investment manager, has purchased a 60% stake in Hermes Investment Management from the BT Pension Scheme for a total consideration of £259.9 million ($341.5 million).