Federated Hermes Inc. is a leading global investment manager with a history that spans over six decades. The firm offers a wide range of investment solutions to institutional and individual investors around the world.
History
Federated Hermes Inc. was founded in 1955 by John F. Donahue and Richard B. Fisher in Pittsburgh, Pennsylvania. The firm started as a small investment advisory service with just one client, but it quickly grew and expanded its offerings.
By the early 1970s, Federated Hermes had become one of the largest money market fund managers in the United States. Over the years, the firm continued to innovate and expand its product offerings, eventually becoming a global investment manager with over $630 billion in assets under management as of December 31, 2020.
Investment Approach
Federated Hermes employs an active management approach that focuses on delivering consistent, risk-adjusted returns to clients over the long term. The firm’s investment philosophy is based on three core principles:
- Discipline: Federated Hermes maintains strict risk controls and conducts in-depth fundamental research to identify attractive investment opportunities.
- Diversification: The firm’s portfolios are highly diversified across asset classes, sectors, and geographies to manage risk and capitalize on opportunities.
- Flexibility: Federated Hermes has a flexible approach that allows it to respond quickly to changing market conditions and take advantage of new opportunities as they arise.
Products and Services
Federated Hermes offers a wide range of investment solutions designed to meet the needs of institutional and individual investors alike. These include:
Mutual Funds
The firm offers more than 130 mutual funds across various asset classes, including equity, fixed income, and money market funds. Federated Hermes’ mutual funds are designed to provide investors with a range of investment options to help them achieve their financial goals.
Institutional Strategies
Federated Hermes offers institutional investors a range of customized investment solutions designed to meet their specific needs. These include separately managed accounts, collective investment trusts, and other strategies tailored to individual clients’ requirements.
Wealth Management Services
Federated Hermes also offers wealth management services to high-net-worth individuals and families. These services include customized portfolio management, financial planning, and other wealth management solutions.
Conclusion
Federated Hermes Inc. is a leading global investment manager with a long history of delivering consistent results for clients. The firm’s active management approach, combined with its disciplined research process and flexible investment approach, has enabled it to navigate changing market conditions successfully. With a wide range of investment solutions designed to meet the needs of institutional and individual investors alike, Federated Hermes is well-positioned to continue delivering value for clients for years to come.