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Federated Hermes’ head of Europe quits investment management after 35 years to pursue technology venture

The TRADE

Head of Europe for UK-based asset manager Federated Hermes, James Rutherford, has stepped down from his role to pursue a technology venture, The TRADE can reveal. He departs following a 35-year long career in investment management, spending 19 years at Fidelity Investments as a European portfolio manager until 2006.

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People Moves Monday: Weekly roundup

The TRADE

During his time with the asset manager, Taitz was responsible for Invesco’s fixed income trading desks in the US, UK and Hong Kong. Prior to joining Invesco in 2016, Taitz spent two and a half years at RBC Capital Markets in a fixed income role and 10 and a half years at UBS Investment Bank as an executive vice president.

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M&G Investments expands Asia Pacific footprint with new office in Taipei

The TRADE

M&G’s global asset management arm has secured a Securities Investment Consulting Enterprise (SICE) business license in Taiwan, allowing the firm to establish a new office in Taipei as part of its Asia expansion strategy. Lin will be responsible for strengthening M&G’s wholesale and institutional presence in the region.