Search this website. You can use fund codes to locate specific funds

Dermot Kiernan to head Hermes Property Unit Trust

The International business of Federated Hermes is pleased to announce the appointment of Dermot Kiernan as Fund Director for its Hermes Property Unit Trust (HPUT).

Dermot will join in the autumn from M&G Real Estate where he is the Fund Manager of the M&G UK Property Fund. Whilst at M&G he was also fund manager of two other UK portfolios: a discretionary segregated pension fund mandate and a property unit trust.

HPUT is an open-ended balanced property fund with AUM of £1.4 billion. The fund has a diversified portfolio with a focus on balanced asset allocation and active management. It has delivered top quartile returns over one, three, five- and ten- year periods compared to funds within its benchmark (MSCI/AREF All Balanced funds). *

Chris Taylor, CEO of Hermes Real Estate, comments, “Dermot brings with him a wealth of experience from more than three decades working within the real estate investment industry. He brings an investment philosophy which fully complements our responsible approach to investing that

has helped deliver outstanding returns over the past decade both in terms of financial outcomes as well as positive societal and environmental results.”

Dermot Kiernan comments, “I have long held the Hermes Real Estate team in high regard having seen them successfully build and defend an enviable reputation in the UK. The deep, company-wide commitment to a responsible approach is aligned to the opportunities in the market today and I look forward to building on the strong heritage of HPUT.”

Latest Articles

Federated Hermes comments ahead of US Election
Federated Hermes comments ahead of US Election
Credit Investors not valuing their privacy
Evidence shows that bonds issued by private companies offer no premium versus those with public equity market capitalization. Historic data coupled with elevated risks highlight why Fraser Lundie, Head of Credit at the international business of Federated Hermes, views this as a mispricing.
Federated Hermes expands European footprint with local Spanish office
Federated Hermes has further expanded its footprint across Europe by establishing a local office in Madrid, Spain.
Federated Hermes, International maintains A+ rating in 2020 PRI Assessment
The international business of Federated Hermes has maintained the highest rating “A+” for Strategy and Governance from the UN PRI in its latest annual responsible investing assessment.
International business of Federated Hermes appoints Head of Corporate Communications
The International business of Federated Hermes has announced that Johnny Weir has been appointed as Head of Corporate Communications, with immediate effect.
Federated Hermes bolsters Impact team with two new hires
Federated Hermes appoints two new hires to its Impact Opportunities team

Press Contacts

Johnny Weir,
Head of Corporate Communications
Rachael Dowers,
Manager - Corporate Communications
Hannah Bellfield,
Assistant Manager - Corporate Communications
Harriet Hall,
Associate - Corporate Communications