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CalPERS's Mark Anson to succeed Tony Watson at Hermes

27/10/2005Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityMark J P Anson, the chief investment officer of the California Public Employees' Retirement System, will succeed Tony Watson as chief executive of Hermes when Watson retires at the end of January 2006.

Anson joined CalPERS in 1999. He is a qualified attorney, certified public accountant, chartered financial analyst and a chartered alternative investment analyst. He has served on advisory and executive committees for the New York Stock Exchange and a number of international, corporate governance bodies.

Previous appointments include Oppenheimer Funds, Salomon Brothers and Chapman and Cutler Schiff, Hardin and Waite.

Hermes chairman Richard Bernays said, 'I am delighted that Mark is joining us. He is a well-known and highly respected figure, of international stature, in the world of fund management and corporate governance. He has the ability to think strategically; he has built a team at CalPERS which has delivered outstanding investment performance; and he has driven the organisation forward into new asset classes and he has built up a significant number of third-party mandates.'

CalPERS provides retirement, health, and other pension benefit services to more than 1.4 million members and more than 2,500 California public employers. The organisation had assets totalling $194.6bn as of 31 July 2005.

Pension fund investment manager Hermes currently invests over £58bn (as of 30 September 2005) on behalf of over 220 clients including pension funds, insurance companies, government entities and financial institutions, charities and endowments.

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