Is Federated Hermes the Same as Hermes?

Have you ever wondered whether Federated Hermes is the same as Hermes? If so, you’re not alone.

Many investors and financial professionals have been asking this question in recent years. In this article, we’ll explore the similarities and differences between these two companies.

What is Federated Hermes?

Federated Hermes is an investment management firm that specializes in providing a wide range of financial products and services to clients around the world. The company was founded in 1955 and has grown to become one of the largest asset managers in the United States.

What is Hermes?

Hermes, on the other hand, is a British investment management firm that was founded in 1983. The company provides a variety of investment strategies and solutions to institutional investors, including pension funds, insurance companies, and sovereign wealth funds.

Are Federated Hermes and Hermes the Same?

No, Federated Hermes and Hermes are not the same company. Although they both offer investment management services to clients around the world, they are separate entities with their own unique histories and areas of expertise.

Ownership Structure

One of the key differences between these two companies is their ownership structure. Federated Hermes is a publicly traded company that is listed on the New York Stock Exchange (NYSE). This means that anyone can buy shares in the company and become a part owner.

In contrast, Hermes is owned by its employees through an employee ownership trust (EOT). This means that all employees have a stake in the success of the company and are incentivized to work together towards common goals.


Another notable difference between these two companies is their size. While both are significant players in the investment management industry, Federated Hermes is much larger than Hermes. As of 2021, Federated Hermes had over $625 billion in assets under management, while Hermes had approximately $44 billion.

Investment Philosophy

Finally, the two companies have different investment philosophies. Federated Hermes takes a more quantitative and data-driven approach to investing, while Hermes focuses on fundamental analysis and a long-term investment horizon.

  • Federated Hermes: The company’s investment philosophy is based on rigorous analysis of data and market trends. They utilize quantitative models to make investment decisions and are known for their expertise in fixed income investing.
  • Hermes: The company takes a more fundamental approach to investing, focusing on long-term value creation through careful analysis of individual companies and industries. They are known for their expertise in environmental, social, and governance (ESG) investing.


While Federated Hermes and Hermes both offer investment management services to clients around the world, they are not the same company. Each has its own unique history, ownership structure, size, and investment philosophy. Understanding these differences can help investors make informed decisions about which firm to work with based on their specific needs and goals.