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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

Head of Europe for UK-based asset manager Federated Hermes, James Rutherford, has stepped down from his role to pursue a technology venture. Rutherford departs the investment management industry after 35 years to take on a more active role in SmartFrame Technologies, a venture which he has been chairman of for six years.

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Avanza Fonder outsources trading to Northern Trust

The TRADE

As part of the development, Northern Trust will provide outsourced trading primarily for Avanza Fonders global, emerging market, European and US equity market index funds. Founded in 2006, Avanza Fonder is a wholly owned subsidiary of Avanza Bank Holding which provides services for private clients.

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