Hermes Fund Managers has launched a fund investing in US small and mid-cap equities.
The Hermes US SMID Equity fund is structured as a Ucits and managed by a four-strong team, led by Robert Anstey.
“We travel extensively around the US, meeting with around 250 management teams each year, and seek to buy high quality companies at a discount to their intrinsic value,” Anstey, said. “Having a long-term approach allows us to take advantage of mispricing opportunities.”
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