Metals rally provides extra shine to EM debt
EMD Q1 report
MDT: A day in the life of a quant investor
Q: What does a working day at MDT look like? At MDT Advisers1, portfolio construction is a daily, data-driven process powered by proprietary machine learning tools. Each night, the team downloads data from vendors, recalculates company characteristics, and runs every stock in the domestic equity universe through our ‘decision tree’2 model to generate fresh forecasts. These […]
Asia ex-Japan outlook 2026: A tale of two markets
What stands out about China and South Korea in 2026? Video transcript As we look across Asia in early 2026, one of the clearest stories is the sharp divergence in market performance. South Korea has been the standout. The market rose 76% in 2025 and added another 47% year‑to‑date as of late February. This follows […]
Meet the Manager: Chris Wu
VIDEO EMBED How did you get started in investment management? I tried a few different careers earlier in my life. I was a PhD candidate in molecular biology, where I researched Alzheimer’s disease. After that, I worked as a software engineer. Eventually, I became a bond portfolio manager. So, my career path has taken a […]
Global Equity ESG, Annual Report 2025
Physical risk: Turning climate uncertainty into investment insight As climate pressures reshape energy, food and water systems, physical risk is becoming more financially material, and integrating data, governance and adaptation into investment strategies is now essential. Here, the Global Equity team at Federated Hermes outline their approach to assessing physical risk – at both a […]
The wall of worry gets another brick
Markets generally need walls of worry to climb gradually higher, and this weekend US equity markets received another brick. Add that to the collection we have been watching, particularly AI disruption, valuation concerns around asset-light businesses, private credit, renewed tariff uncertainty, and the direction of inflation. While the war in Iran seems likely to end […]
Looking beyond mainstream bonds
What is your economic outlook, and how has that informed your view of credit spreads? The economy is actually doing well. in fact, I expect this year to be even better than last year. We believe GDP growth may be around 3% this year. There are a few reasons for that: less impact from tariffs, […]
The good news and the bad news
We are six weeks into the year and, at a high level, the US investment landscape is unfolding largely as expected. The macro data continues to support our Goldilocks outlook: above-consensus GDP growth, improving productivity, moderating inflation and a gradual decline of interest rates. As earnings season draws to a close, analysts have begun to […]
MDT: Ein Tag im Leben eines quantitativen Managers
Wie sieht ein Arbeitstag bei MDT aus? Die Portfoliokonstruktion ist bei MDT Advisers1 ein täglicher, datengesteuerter Prozess, der auf proprietären Tools für maschinelles Lernen basiert. Jede Nacht lädt das Team Daten von Anbietern herunter, berechnet Unternehmenseigenschaften neu und lässt jede Aktie im heimischen Aktienuniversum durch unser Entscheidungsbaum-Modell2 laufen, um neue Prognosen zu erstellen. Diese Prognosen werden […]
Global Emerging Markets Equity: Outlook 2026
Behind the EM rebound
