Pre-tax profits at UK pension fund manager Hermes doubled to £5.6m (€8.3m) last year following strong inflows from its activist arm.
Hermes, which is owned by the BT Pension Scheme, has about £65.5bn in funds under management.
Activism spurs profits at Hermes
Pre-tax profits at UK pension fund manager Hermes doubled to £5.6m (€8.3m) last year following strong inflows from its activist arm.
Hermes, which is owned by the BT Pension Scheme, has about £65.5bn in funds under management.