Federated Hermes, Inc. (NYSE:FHI) is a global investment manager that provides asset-management services to institutions, financial professionals and individual investors. The company manages a range of investment strategies, including money market, equity, fixed-income, multi-asset and alternative investments.
Its products and services include mutual funds, exchange-traded funds, separately managed accounts, collective investment trusts and institutional accounts. Federated Hermes also provides liquidity-management and cash-management solutions, while its Hermes business offers investment management, stewardship and sustainable-investing capabilities.
The company traces its roots to Federated Investors, which was founded in 1955 and is headquartered in Pittsburgh, Pennsylvania. Federated Investors acquired a majority interest in the international asset manager Hermes Fund Managers in 2018 and adopted the Federated Hermes name in 2020. Through its operations and investment capabilities, the company serves clients in the United States and international markets.
J. Christopher Donahue serves as president and chief executive officer of Federated Hermes. The company distributes its investment products through financial intermediaries and also works directly with institutional investors and other organizations.
AI Generated. May Contain Errors.