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Hermes Pensions Management Ltd

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November 24, 1998 | Associated Press
The California Public Employees' Retirement System and Hermes Pensions Management Ltd., two of the world's largest institutional investors, reached an agreement to work together on pressuring companies to meet standards of performance set by shareholders. CalPERS, which manages $139 billion in assets, and Hermes, which manages $59 billion, will focus on investments in the United States and Britain.
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BUSINESS
April 20, 2006 | From Bloomberg News
The California Public Employees' Retirement System has hired Russell Read, deputy chief investment officer at Deutsche Asset Management, to be its new chief investment officer. Read, 42, replaces Mark Anson, 46, who resigned in January to become head of British retirement management firm Hermes Pensions Management Ltd.
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