Based in Federated Hermes’ New York office, Steve is responsible for portfolio management and research within the global asset allocation team. In this webcast Steve gives his thoughts on the US economy and the valuation of US markets, something we believe to be misunderstood versus other geographies when adjusted for sector composition and the outlier performance of mega cap tech names. Mark and Henry then talk about the opportunity for ‘quality’, a segment within small and mid-caps that didn’t receive an uplift from Fed intervention post the crisis in 2020 and one which we believe to be cheap both in relative and absolute terms when compared to its ‘high growth’ and ‘deep value’ counterparts.
Share:
