Search this website. You can use fund codes to locate specific funds

SDG Engagement High Yield Credit: H1 2021 report

Our focus on higher-quality credit in markets with strong engagement potential meant we didn’t benefit from the outsized rally in Covid-ravaged sectors in H1 2021, but the strategy continues to outperform its benchmark since inception

We have been delighted both with our financial results and with the substantive, high-touch engagement outcomes of our inaugural engagement year.

The success and impact of the strategy has been bolstered by the greater intensity and breadth of our engagement activity in the first six months of 2021. At mid-year we had already engaged 105 of the 126 issuers held in our portfolio on a myriad of sustainable development goals (SDGs) and environmental, social and governance (ESG) topics.

As well as reviewing our investment and engagement activity over the first half of 2021 – including  the SDGs we have engaged on most intensively – this report delves into impact in the energy sector and the role of insurers in the fight against climate change.

Risk profile:
  • Past performance is not a reliable indicator of future performance.

More Insights

Climate Change High Yield Credit strategy, interim report 2022
In this inaugural report, we delve into what makes the Federated Hermes Climate Change High Yield Credit strategy unique. As well as introducing our process and team, the report provides an overview of our proprietary Climate Change Impact (CCI) score, complete with portfolio examples to illustrate the scoring system in practice.
Federated Hermes Stewardship Report 2021
At Federated Hermes we believe the investment industry can be a powerful force for good, building a fairer, more equitable world for all – and that active ownership and engagement is the best way to achieve this. In this, our second annual Stewardship Report, we provide an update on our efforts towards effective and outcomes-driven stewardship.
The chimps are coming
The public art exhibition Chimps are Family, unveiling on Endangered Species Day (Friday the 20th of May) at Tower Bridge, sets to create awareness around the plight of the endangered apes.
Market snapshot: Slowdown fears send equities spinning
Stagflation concerns continue to mount, with investors piling into cash positions as the global growth outlook plunges.
Plus and minus: can QT annihilate QE (and other anti-inflation questions for financial markets)
Fiorino queries whether investors should expect an equal-and-opposite reaction as central banks release the anti-QE solution into the real world...
The soil carbon sponge: A sequestration trump card
In a briefing to investors, Walter Jehne, co-founder of NGO Regenerate Earth, argued that a focus on cutting emissions misses the point when it comes to understanding what a healthy biosphere could do to sequester carbon.