Chatfeild-Roberts backs Hermes as funds join IMA sectors

Hermes has listed its 11-strong suite of UCITS funds in the IMA sectors, ramping up its push into the UK wholesale market just as Jupiter's John Chatfeild-Roberts buys into one offering.

The group's fund range goes live in the IMA's sectors this month as it looks to make the products more accessible to a new target market. Hermes has previously done the majority of its business with institutions and pension funds but is looking to push its range out to discretionary fund managers and multi-asset investors. Clive Selman (pictured), head of UK wholesale at the group, said: "We have not marketed our range to the wholesale market before but we are building out this business now and taking these funds to the market." He added that although several of the funds have lo...