Federated Hermes, Inc. (FHI), formerly known as Federated Investors, Inc., is a leading global investment manager recognized for its highly effective wealth creation and management solutions. Founded in 1955 and headquartered in Pittsburgh, Pennsylvania, the company’s operational landscape extends to more than $575.9 billion in assets under management.
FHI provides comprehensive investment management and related services to a broad range of clients, with a major focus on institutional and high net worth investors. These clients include banks, insurance companies, foundations, endowments, retirement plans, and private funds. The company excels at advanced strategies, active management, and personalized services to deliver effective investment solutions across capital markets worldwide.
FHI's bouquet of investment options is quite diverse, offering domestic and international equities, fixed-income, alternative and private markets, and liquidity management strategies. The company is particularly recognized for its expertise in money market funds. The firm operates a number of investment products, including mutual funds, separate accounts, and closed-end funds. FHI's offerings span across asset classes, sectors, geographies, and investment styles, providing clients with a significant array of choices.
In 2020, Federated Investors, Inc. rebranded to Federated Hermes, Inc., signifying a significant milestone following their acquisition of a majority interest in London-based Hermes Fund Managers Limited (now Hermes Investment Management) in 2018. The merger embodied FHI's steadfast commitment to responsible investing and expanded the firm's ESG (Environmental, Social, and Governance) capabilities.
Led by key personnel, President and CEO J. Christopher Donahue, and Senior Vice President and CFO Thomas R. Donahue, the firm remains dedicated to maintaining high levels of integrity, transparency, and performance. It aims to deliver superior, risk-adjusted returns, while adhering to a rigorous risk management process and maintaining a strong balance sheet.
FHI’s 1,900+ strong global workforce shares the company’s vision of creating financial benefits for its clients while making a lasting, positive impact on society and the environment. Through the application of holistic thinking, innovative strategies, an active ownership approach, and comprehensive ESG integration, the company strives to maximize returns for clients and shareholders in a sustainable and responsible way.
The groundbreaking work of FHI in investment management and ESG integration has garnered recognition and accolades. With its responsible approach towards investment, dedication to stellar client service, and robust financial performance, Federated Hermes, Inc. has established itself as a force to be reckoned with in the world of investment management.