RWC, the London-based active investment manager led by Peter
Harrison, has unveiled a major expansion of its fund management
range with the addition of the highly-regarded Hermes Focus
activist investment team.
The entire 12-strong investment and support team will join
RWC from Hermes at the start of October, along with the three
Focus funds that the team manage – which run combined
assets of $800 million for a range of institutional clients,
including the BT Pension Scheme of which Hermes Fund Managers
is a subsidiary.
The Focus Funds – which use a 'constructive
activist’ approach to investing, working with
companies to catalyse change and unlock value – will
continue to be managed by the investment...