Fidelity veteran trader joins Federated Hermes in latest new hire

Shaun Copeman departs Fidelity after eight years to join the trading desk at Federated Hermes.

A fixed income and foreign exchange trader from Fidelity Investments has departed after eight years to join Federated Hermes as the asset manager’s latest addition to the trading desk.

Shaun Copeman has joined the trading desk at Federated Hermes as a senior credit trader, according to head of trading Dan Nicholls, who confirmed the new hire in a post on social media.

Copeman has 15 years’ experience in buy-side trading, most of which he has spent with Fidelity Investments where he traded bonds, FX and derivatives. At Fidelity, he oversaw execution of investment grade credit, high yield, government bonds, agencies, emerging markets and FX.

Prior to Fidelity, Copeman worked as a fixed income portfolio manager and trader at Union Bancaire Privée, following more than five years with Insight Investment where he was a senior derivatives trader across fixed income, emerging markets, FX, equities and commodities.

Copeman’s hire is the latest for the trading desk at Federated Hermes, after the asset manager hired equity trader Dominic Eccles from Woodford Investment Management in July this year.

Eccles joined Federated Hermes as a multi-asset trader after more than four years with Woodford where he traded equities. He had previously worked within the investment operations side of the business at Woodford, and has also spent time in analyst positions at BP Investment Management and Legal & General Investment Management.