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Hermes European fund wins over €200m

The activist investor Hermes Focus Asset Management has attracted over €200m ($255m) in new mandates to its European fund in the year to date.

New business includes €25m from ÄVWL, a German public pension fund for doctors, and undisclosed amounts from Crédit Agricole Asset Management, the Finnish Local Government Pension Institution and another large unnamed Finnish pension fund.

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