Hermes appoints new CIO

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UK - Fund manager Hermes Pensions Management has appointed Roger Gray (pictured) as its new chief investment officer. Gray replaced Nick Mustoe, who left Hermes in May to take up the role of CIO equities at Pictet Asset Management.

Gray had previously worked at Rothschild Asset Management as a CIO and head of institutional business, and at UBS Asset Management and UBS Brinson, where he was latterly global head of asset alloca...

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