FUND manager Hermes has come under fire from one of its biggest clients, the California Public Employee's Retirement System.
Hermes, which is owned by the BT Pension Scheme, was listed by Calpers in a review of its international fund managers on its website. Calpers – the world's biggest pension fund with $244bn (£134bn...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
