ECB holds rates as France struggles with debt crisis
market snapshot
Meet the Manager: Kelly Patel
Video transcript What’s your role at Federated Hermes? My name is Kelly Patel and I’m the Portfolio Analytics Manager for the MDT team at Federated Hermes. I began working at MDT straight out of college, and I’ve spent my entire professional career here since. Throughout my career I’ve worked in a variety of analytical roles […]
Asia ex-Japan Equity: Letter to Investors
It was us and we did it! (we think)
Sustainable Global Equity, H1 2025
Fast reading Investment review, H1 2025 Impact performance Engagement overview Thematic focus: The investment case for electrification Key holdings: Epiroc, TSMC, Trane Technologies, Schneider Electric Read More Watch now Listen now Read More Watch now Listen now Read More Watch now Listen now Sustainable Global Equity, H1 2025 Download For information on Sustainable Global Equity. Share: […]
Bond markets fret over rising budget deficits
market snapshot
Investing in a changing China
Video transcript Can you provide an overview of China’s current economic landscape? Over the last few years, China has faced multiple challenges: the property market bubble bursting, an ageing population, anticipation of US protectionist trade policies leading to a sharp drop in foreign investment, and increasing onshore investment by Chinese companies. Furthermore, consumer confidence remains […]
Looking on the bright side
Football season is upon the US, but the biggest end-around is not on the field but in Washington as President Donald Trump is trying another way to influence the Federal Reserve (Fed). But before I address his attempt to remove Fed Governor Lisa Cook, I’d like to discuss some positives in the money markets. Plumbing is in […]
Is global high yield a short duration market now?
The duration of the global high yield (GHY) market is below its long-term average and quite a distance from its peak. Figure 1 shows duration at around three years, which is by far the lowest it has ever been. This compares to a long-term average of just over four years. This 25% decline in duration […]
Which indices have surprised on the upside?
Chartology
How far does the Fed’s influence extend?
Considerable airtime, ink and pixels have been devoted to when the Federal Reserve (Fed) will resume its easing cycle. Chair Jerome Powell’s speech in Jackson Hole has certainly put the September meeting in play. But while Fed policy definitely impacts interest rates in the 0-2-year space, the influence out the US Treasury yield curve varies […]
