Management

Hermes Investment Management Limited
Hermes Investment Management Limited (Hermes) is the fund manager of the X-Leisure Unit Trust. Hermes is unique in the investment industry in that it is wholly owned by the BT Pension Scheme. Hermes is independent of any wider financial services organisation and the third largest pension fund manager in the UK. As the investment arm of the BT Pension Scheme, Hermes goals are distinct from others. Performance is key, not simply asset or revenue growth. Heritage and ownership aligns Hermes with pension funds and other long term investors. BT Pension Scheme co-invests alongside other investors in X-Leisure.

Hermes Investment Management Limited is authorised and regulated by the Financial Services Authority.