Federated Hermes Limited expands liquidity sales team

Investment manager Federated Hermes Limited has appointed Tara-Grace Dougherty as director of business development, UK and Ireland, focused on liquidity products including money market funds.

Tara-Grace Dougherty, based in London and reporting to Dan Churchouse, head of business development – UK & Ireland, is responsible for driving the continued expansion of the firm’s liquidity products for corporate clients in the UK and Ireland.

She works closely with Kenny Turnbull, manager – business development, money markets, who focuses on the sale of liquidity products to wholesale clients.

Exploring global finance’s liquidity management future

Dougherty has joined with nearly two decades of institutional sales and relationship management experience, most recently as director, short term investment sales at Scotiabank Global Banking and Markets, where she managed the European deposit and investment desk.

Dougherty commented: “I am delighted to be helping to drive the next chapter for their money markets business. They have led the way in the industry, navigating various market cycles and have been successful in demonstrating how cash can be a resilient and attractive asset class.”

Which liquidity management tools will managers need for Eltif 2.0?

Churchouse added: “As we celebrate the 50th anniversary of our money market funds, we have a significant opportunity to continue their growth in markets outside of the US.”

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