Hermes Investment Management has hired Michael Russell as deputy portfolio manager backing up Mark Sherlock on its US small and mid cap team.
Mr Russell had previously been at Nomura Asset Management for eight years, most recently as senior portfolio manager of its Global Developed Markets Equity funds.
Prior to Nomura, Mr Russell had worked on the US equity desk at Merrill Lynch Investment Managers and Mercury Asset Management.
Mr Russell will support Mr Sherlock, who has been lead manager of Hermes’ small and mid cap strategies since Robert Anstey departed in October last year.
