Is Federated Hermes the Same as Federated Investors?

Are Federated Hermes and Federated Investors the same company? This is a common question that investors often ask.

The answer is no, they are not the same company. Although they share a similar name, Federated Hermes and Federated Investors are two separate firms.

What is Federated Hermes?
Federated Hermes is an investment management firm that was founded in 1955. It is headquartered in Pittsburgh, Pennsylvania, and has offices around the world. The firm manages over $600 billion in assets for individuals, institutions, and financial intermediaries.

What is Federated Investors?
Federated Investors is also an investment management firm that was founded in 1955. It is headquartered in Pittsburgh, Pennsylvania, and manages over $500 billion in assets for individuals, institutions, and financial intermediaries.

The Merger
In 2020, Federated Investors merged with Hermes Investment Management to form a new entity called Federated Hermes. The merger created one of the largest active asset managers in the world with over $600 billion in assets under management.

Differences Between the Two Companies
Although both companies are now part of the same entity, there are still some differences between them. One of the main differences is their focus on different markets. Federated Investors primarily focuses on the US market while Hermes Investment Management has a strong presence in Europe and Asia.

Another difference between the two companies is their investment strategies. While both companies offer a range of products and services to investors, each has its own unique approach to investing.

Conclusion
In summary, while they were once two separate entities, Federated Hermes and Federated Investors are now part of the same organization following their merger in 2020. However, there are still some key differences between them including their focus on different markets and investment strategies. It’s important for investors to understand these differences when considering investing with either firm.