Hermes Investment Management (Hermes), the £30.8 billion asset manager, today announced the appointment of Orla Murphy as Research Director. Based at the company’s headquarters in London, she will report into the Head of Investment, Eoin Murray.
As part of the Investment Office, which provides independent oversight to the investment teams, Orla will oversee the procurement of equity and credit research from brokers and independent research providers for Hermes’ investment teams. In this newly created role, she will also be responsible for establishing, reporting and linking research value, managing the research budget, transaction cost analysis and other MiFID II issues.
With over 15 years of financial services experience, Orla joins Hermes from VTB Capital, where her roles included Business Manager for International Equities and Cross-Asset Business Manager. Further to this, Orla has also held business management and analysis positions at Barclays Wealth and Fidelity Investments.
Eoin Murray, Head of Investment, Hermes Investment Management, said: “With extensive front office management experience and a strong track record of following market developments in the financial services industry, Orla is ideally placed to implement Hermes’ new research procurement programme. She will ensure our investment teams have the resources they need while developing best-practice adherence to incoming regulation.”