Federated Hermes adds Jupiter's Daly to UK sales team

Will report to Dan Churchouse

Federated Hermes has hired Jupiter Asset Management's Mike Daly as sales director, reporting to the firm's head of UK wholesale distribution Dan Churchouse.

His new role, which will be based in London, will involve generating new revenue from UK wholesale clients and raising third-party assets.  Daly's most recent role at Jupiter was as a sales director for the firm's UK discretionary client channel. He joined Jupiter as a sales executive in 2008 and became sales manager in 2011. His appointment comes just over a year after US asset management giant Federated Investors acquired a 60% stake in Hermes, which led to a rebranding of the firm and subsequently an extended product range. The firm now looks to offer products to its increased c...