Diversifying direct lending portfolios through sponsor-less lending
Private Markets Insight
The Art of Diversification: effective portfolio creation in real estate
Video transcript Vincent, you’ve recently written a great paper on portfolio construction and real estate debts. What are the key takeaways? The premise (of the paper) was that modern portfolio theory (MPT) by Markowitz1 – which is the popular framework for constructing investment portfolios – is based on the idea that the risk of an […]
EM in trade finance: unmet demand and alpha potential
Fast reading Federated Hermes’ Trade Finance Strategy has a global investment mandate. We seek to maximise the benefits of portfolio diversification and generate higher potential risk-adjusted returns for investors – wherever in the world those opportunities may be. While the Strategy also invests in developed markets (DM), our portfolio of alternative credit assets typically has […]
Real estate debt: uncorrelated returns throughout the cycle
Video transcript We are in a market where there’s a lot of geopolitical instability, and investor returns from an equity standpoint against real estate have been quite low. Why now for European real estate debt? This is a typical ‘interesting’ market – a lovely euphemism – but in a way there’s nothing much new under […]
Private equity in a net zero world
Managing climate risks and opportunities
Trade Finance whitepaper
Potencial alfa no correlacionado
How project finance fits into a trade finance strategy
Fast reading Project finance supports the underlying infrastructure that makes trade possible. Federated Hermes focuses on operational and expansionary infrastructure project financing, secured on infrastructure assets that generate steady cash flows. We invest in limited-tenor loans that fund well-established, large-scale projects in emerging as well as developed markets. Trade finance introduces third parties into the […]
Everything you wanted to know about tariffs and trade finance
(but were afraid to ask)
¿Por qué invertir en Trade Finance?
Fast reading El volumen del comercio mundial de mercancías alcanzó los 25.000 millones de dólares en 2022 – superando los 14.000 millones de 20071-, impulsado por el rápido crecimiento del llamado comercio Sur-Sur (entre países en desarrollo), que se prevé represente el 40% del comercio mundial en 20302. Uno de los factores que hacen del […]
Varios vientos de cola apoyan a los mercados privados
2025 Outlook
