Hermes launches on UK platform for first time

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Fund manager Hermes is to launch its UCITS range on a UK platform for the first time.

It will list ten funds on the Raymond James platform, predominantly for discretionary fund manager use. Stuart Wright, head of operations at Raymond James, said: "Hermes is a great addition to our existing fund range and their specialist range of institutional high-alpha products provides even greater choice for our growing list of clients." Clive Selman, Hermes head of UK wholesale, said adviser business would be key to growing its client base. "Raymond James is well positioned to benefit from changes in the UK distribution landscape and offers great opportunities for growth as RD...

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