Hermes concludes an agreement with Switzerland

Hermes Fund Managers (Hermes) announced that it has received a mandate from 120 million Swiss trustee of the pension fund. Chanel Outlet Store The mandate is to act as sub-advisor for the Foundation IS investments of pension funds (STI), a non-profit organization and the largest independent trust for pension funds in Switzerland. IS CHF5.7bn managed on behalf of 560 clients and has a long-term strategy that will serve the investment needs of pension systems concentrated. The new mandate brings its total assets under management of U.S. SMID Hermes strategy almost 900 million euros. Hanspeter Vogel, head of STI Products, said: "The U.S. SMID Hermes strategy from a highly competitive field was considered the best in the class IS was selected to long roadmap strategy outperformance attracted a lower than average asset." Risk class. Cheap Chanel Bag Robert Anstey, Senior Portfolio Manager of Hermes U.S. Small and Mid-Cap Strategy, said: "We are delighted to be working with an institution of the position of the IS and the feeling that the investment horizon of their long-term customers is a perfect match for how We invest in small and mid-cap stocks in the United States. "