PRESS CENTRE

High Copper Prices to Drive Peru’s Economy Our GEMs team share findings from a recent trip to Peru 07/04/2022 - Kunjal Gala

Federated Hermes promotes Vivek Bhutoria to Co-Portfolio Manager on Global Emerging Markets Portfolio Senior analyst becomes Co-Portfolio Manager on GEMs portfolio 03/12/2021 - Eoin Murray

Federated Hermes: China’s future of moderate and sustainable growth Investors should take a patient approach and see the long-term potential in China’s future. 19/10/2021 - Kunjal Gala

New research shows Covid has accelerated the social awakening New research from the Global Equities team at the international business of Federated Hermes shows that companies with good or improving social practices can potentially add up to 17bps each month to returns. 12/01/2021 - Lewis Grant

Looking into 2021 with Federated Hermes Senior management, the investment floor, EOS and our responsibility office share their outlooks for next year. 19/11/2020 - Saker Nusseibeh, CBE

Federated Hermes' latest on the US Elections Managers across our investment floor in London and Pittsburgh comment on the US Election 05/11/2020 - Eoin Murray

Federated Hermes comments ahead of US Election Federated Hermes comments ahead of US Election 28/10/2020 - Eoin Murray

Ecommerce in Russia – a moonshot in the making? Russia’s ecommerce industry is a rare gem within the troubled wider economy. 21/08/2019 - Jasper Wright

G-Whizz. Investing in the beneficiaries of 5G Rollout of 5G presents opportunities for investors outside of the usual beneficiaries of the network 09/04/2019 - Chi Chan

Is online shopping still in its prime? In a few short years, Black Friday and Cyber Monday have been ingrained in the European retail calendar with outlets publicising their deals days or even weeks in advance. Gone are the days of hordes of consumers queuing outside shopping centres at 4am in a desperate bid to have their first pick of the sales with only a quarter of all Black Friday spending expected to take place in stores1. The queues have instead moved online, swapping the fresh air and elbowing for a comfortable chair, broadband connection and a few clicks of a mouse. With fears of oversaturation, Chi Chan, European Equities Portfolio Manager, asks whether the online market is still in its prime and identifies three companies involved in the online revolution. 26/11/2018 - Chi Chan

Looking into 2019 with Hermes 18/11/2018

Hermes ESG Shows Social Rising Companies with good or improving social characteristics have tended to outperform their lower-ranked peers on average by 15bps per month, according to new research from the Global Equities team at Hermes Investment Management. 13/11/2018 - Geir Lode

Hermes to launch Global Emerging Markets SMID Strategy Hermes Investment Management, the £33.6 billion manager, today announces that it plans to launch a Global Emerging Markets SMID (small- and midcap) strategy, subject to regulatory approval. Building on the success of the Hermes Global Emerging Markets Strategy, which has outperformed its benchmark by an annualised 6.4% and 4.7% over the past five- and three-year periods, this new strategy will be managed by Gary Greenberg, Head of Emerging Markets, alongside Kunjal Gala, Co-Portfolio Manager. (Note: Past performance is not a reliable indicator of future results). 17/07/2018

Egypt’s economic potential - Oasis or mirage? From a distance, it is easy to conclude that Egypt is an arid environment for investors. Accounting for only 0.13% of the MSCI Emerging Markets Index, the country is often overlooked given its questionable democracy, high rate of inflation, recent currency devaluation and twin deficits. Since the global financial crisis, Egypt has suffered a difficult decade characterised by political instability and economic turmoil. 19/06/2018 - Gary Greenberg

Turning up the heat on climate change In the new Equitorial, Louise Dudley, Global Equities Portfolio Manager at Hermes Investment Management, looks at how to assess and manage the investment risks associated with climate change as we transition to a low-carbon economy. “We need 2018 to be the year of investor leadership on climate change.” So said Mindy Lubber, CEO and President of sustainability non-profit Ceres, reflecting on the 2018 Investor Summit on Climate Risk at the United Nations on 31 January. At Hermes, we agree. Climate change is – both literally and metaphorically – a slow-burn issue, but the grave risk it poses over time is disconcerting. 17/04/2018 - Louise Dudley

Decoding Russia’s tech sector: a future alternative to oil? During a recent research trip to Russia, we gained valuable insights into the country’s new economy. As the nation’s economic recovery begins to splutter despite a backdrop of higher oil prices, we ask: can Russia’s tech sector provide much-needed balance to the economy? Cyber-espionage accusations against Russia, state sanctions and poor governance have dominated news flow in recent years. The fundamentals of the country’s technology sector have been overshadowed by the state’s alleged interference in the 2016 US presidential campaign and hacking of state secrets and corporations. Russia’s tech sector pales in comparison to the country’s oil and gas industry in size, which produced an average of almost 11m barrels per day in 2017 – the highest level since the collapse of the Soviet Union in 1991. But despite higher oil output and prices, the country’s economic recovery from its 2015-2016 recession remains anaemic. Russia’s economy grew 1.5% in 2017, undershooting its 2% target, after industrial production unexpectedly fell in November due to a slowdown in Russian defence spending. Consensus forecasts point to 1.9% GDP growth this year. Furthermore, at 7.5%, the Bank of Russia’s key interest rate further constrains growth. 26/02/2018

Getting engaged: Uniting performance with positive change in emerging markets “Companies do not exist in isolation: they use resources from the commons, employ labour and attract customers from towns and cities, and are required to operate under the laws of the land. They influence the lives of far more people than shareholders alone, but unfortunately plenty of businesses act to the detriment of many – including, in the long run, themselves and their investors.” 29/11/2017 - Gary Greenberg

Passive rise in Asia creating distortions for active managers to exploit To the casual observer, the emerging Asia region has witnessed a powerful return to investor favour over the past three years To 7 November 2017, in US dollars. 14/11/2017 - Jonathan Pines

How sustainability trends are transforming the investment landscape As the end of 2017 approaches, Louise Dudley, Global Equities Portfolio Manager at Hermes Investment Management, outlines four prominent sustainability trends from this year that are re-shaping global capital allocation and driving demand for holistic returns. 02/11/2017 - Louise Dudley

Imitator turned innovator: Technological change in China Recent newsflow about China has been dominated by the Communist Party’s five-yearly plenum. But we believe the real story of interest for investors is the radical shift from imitation to innovation within the country’s economy. 30/10/2017 - Gary Greenberg

How to position portfolios for an era-defining shift in monetary policy After a decade of ultra-loose monetary conditions, the US Federal Reserve, European Central Bank and Bank of England have set the stage for a fourth quarter where all three could simultaneously begin to normalise policy. For long-term investors, there are key considerations: will the reversal of QE push bond yields higher? Will the imminent withdrawal of central bank stimulus puncture the buoyancy of global equity markets? What will it mean for emerging markets? And is a move towards simultaneous monetary policy normalisation the biggest danger facing markets in the fourth quarter? 10/10/2017

China’s transition from export powerhouse to data dragon Hermes Investment Management, the £29.8 billion manager focused on delivering superior, sustainable, risk adjusted returns to its clients – responsibly, announces that planning consent has been granted for its brand new office development and multi-storey car park in Edinburgh’s city centre. 16/08/2017 - Gary Greenberg

Hermes European Equities: 10 years of serving outperformance to investors The Portfolio Managers at Hermes European Equities have invested with conviction for a combined 71 years. After the recent 10-year anniversary of their flagship Hermes European Alpha Strategy, they share the rules behind their recipe for investment success. Since its inception on 18 June 2007, the Hermes European Alpha Strategy has returned 5.46% per year gross of fees compared with the FTSE All World Europe’s annualised return of 2.71%, while its assets under management have grown from €57m to €2.5bn. The team’s high-conviction, long-term approach is evident in a high active share and low turnover 15/08/2017 - James Rutherford