Hermes launches multi-asset inflation fund

The Hermes Multi-Asset Inflation fund will invest in a range of inflation-related assets in an effort to achieve a return of RPI+3%, with a low tracking error to inflation and similar volatility to inflation-linked gilts. Hermes' chief executive, Saker Nusseibeh (pictured), said: "We have established skills in manager and asset class research, quality control and due diligence combined with modelling and portfolio construction expertise. "We believe that this, along with best in class components in many asset classes will form an integral part of our proposition." The announcement ...