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Weekly news digest

Federated to acquire majority stake in Hermes; Fidelity proposes time-based fees  – 13th April 2018

Headlines
Federated to acquire majority stake in Hermes
Fidelity proposes discounts for loyal clients
BlackRock’s Fink sees China as critical priority
Deutsche appoints retail banker as CEO
Investment 20/20 joins forces with Investment Association
First Trust launches pioneering blockchain ETF
Rathbones, Permira circle Speirs & Jeffrey
Moves: LSE appoints CEO; Lazard adds AI hedge fund manager