The Responsibility Office: Supporting sustainable wealth creation
At Federated Hermes Limited, we believe the purpose of investment is to create wealth sustainably for investors over the long term. Sustainable wealth creation should provide investors with income to spend as they get older, an ability to buy goods and services, and help to build a world in which investors are happy to live. […]
Sustainable Global Equity, Annual Report 2022-23
Highlights include: Thematic focus #1: How can AI help address the UN SDGs? Thematic focus #2: Circular economy and waste management Market and performance review: One of the defining characteristics of the first half of 2023 was ‘narrowness’ of returns, with the majority of performance being driven by a small number of tech-focused mega cap […]
A sea change for global shipping
Infrastructure case study
The COP conundrum
We need only take a cursory check of global weather in recent months to remind ourselves of the consequences of climate change. Over the summer, record temperatures in parts of the US, in southern Europe and in China affected the lives of an estimated 110 million people who regularly experienced temperatures above 40°C. In May and […]
SDG Engagement Equity Q3 2023 case study
LKQ
SDG Engagement High Yield Credit, H1 2023 Report
In their latest report, our award-winning SDG Engagement High Yield Credit team explain what true engagement looks like. They provide an overview of recent performance and portfolio changes – along with a comprehensive breakdown of the shape of engagement in the first six months of the year. Fast reading: 101 of 121 companies engaged in […]
The ABS resurgence
Chartology
„Rising Stars“ trotz trüberer Aussichten
Tatsächlich war diese Gruppe bei der jüngsten Zählung ihren Pendants überlegen, die sich in die entgegengesetzte Richtung bewegen – die „Fallen Angels“1. Angesichts des breiteren Konjunkturausblicks überrascht dies. Eine straffere Politik hat zu höheren Kreditkosten geführt, und die Kreditvergabestandards haben sich verschärft. Hierdurch wurde das Kreditangebot gedrosselt und die Wirtschaftstätigkeit eingeschränkt. Tatsächlich hat der Internationale […]
At the crossroads
Market snapshot
Global Equity ESG, H1 2023 Report
The first half of 2023 offered investors a bumpy ride. Early optimism, driven by China’s economic reopening and signs of slowing inflation, received a boost from excitement around the potential of generative AI. While enthusiasm for mega cap AI-related stocks continued through to the second quarter, persistent inflation and a mini banking crisis muted expectations. […]
