Hermes appoints F&C's Mustoe as investment chief

Wednesday 5 December 2001 at 16:00

Hermes Pensions Management has appointed Nick Mustoe as chief investment officer from F&C Management, dealing another blow to F&C which has seen a number of departures after its reorganisation.

At Hermes, Mustoe is replacing Tony Watson who is set to take on the role as chief executive.