MONEY MANAGEMENT

Hermes Investment Management adds 2 executives to client teams

Antoinette Eltz joined Hermes Investment Management as director on the client relationship management team, a spokeswoman said.

The position is new. Ms. Eltz is responsible for building and developing relationships with Hermes’ clients across multiple distribution channels. She was a senior sales director at Twelve Capital; a spokesman there was not available to provide details about her replacement.

Also, Thomas Shuttlewood joined as client service manager on the client service management team. He replaced an executive who moved to Hermes’ European sales team, the spokeswoman said. She would not name the executive.

Mr. Shuttlewood helps deliver client service and support to Hermes’ segregated and pooled fund clients across investment teams in public and private markets. He was client service manager at Fidelity International. A spokesman there was not available to comment on his replacement.

Hermes has £30.8 billion ($39 billion) in assets under management.