Federated Hermes forecasts what lies ahead for the rest of 2021
This year’s market environment has already been challenging to navigate. A number of themes have captured the attention of our investment floor and our managers below have taken stock of how these are likely to evolve going forward. Eoin Murray, Head of Investment As we ‘build forwards better’, rather than ‘back’, the world is facing […]
Wellington Place in Leeds secures £87.8million financing
The international business of Federated Hermes and Canada Pension Plan Investment Board (CPP Investments) have secured a loan facility on Wellington Place, their jointly owned business park in Leeds city centre. The £87.8 million, five-year floating rate loan has been provided by Barings Real Estate, part of Barings LLC, one of the world’s largest diversified […]
Federated Hermes adds sales expert Mike Daly to UK Wholesale team
The international business of Federated Hermes has announced the hire of Mike Daly as Sales Director reporting into Dan Churchouse, Head of UK Wholesale Distribution. Based in London, Mike will be responsible for raising third party assets and generating new revenues from UK Wholesale clients in the capital. He joins the firm in June from […]
Economic Outlook
Can things ‘only get better’?
Response to Federal Reserve meeting
Dr. Hans-Christoph Hirt, Head of EOS at Federated Hermes said: Going into today’s meeting the Fed faced a communication challenge: it had to acknowledge recent positive news implying upside risks to the economic outlook, while also preventing an excessive market reaction leading to an unjustified tightening of financial conditions. In the event, the Fed managed […]
Three wishes for tomorrow’s UK Budget
Put climate risk and protection of biodiversity at the heart of the evolving framework for green gilts Innovate to green the nation’s steel production, creating jobs and eliminating steel’s carbon footprint Drop GDP for 21st century measures of economic growth and societal wellbeing through Sustainable Domestic Product (SDP) Ahead of tomorrow’s UK Budget, Eoin Murray, Head […]
Infrastructure team realises its 50% interest in Braes of Doune wind farm
The Infrastructure team, part of the international business of Federated Hermes, is pleased to announce that Hermes Infrastructure Fund I (“HIF I”) has sold a 50% interest in Braes of Doune wind farm to Greencoat UK Wind PLC (“UKW”), for a consideration of £48.1m. HIF I acquired the 50% interest in Braes of Doune from […]
Under Pressure? 5 dynamics shaping the inflation outlook
Key points In the short-term, we are likely to see bouts of inflation this year, due to base effects in energy and Covid-related supply constraints. However, these will likely be short-lived as the significant slack in the economy/labour market will curb underlying inflationary pressures. Longer-term, the view is more nuanced. Fiscal spending could succeed in […]
All eyes on Sustainability this Earnings Season
Our dedicated commitment to sustainable wealth creation means we are not only busy forming financial expectations for the upcoming earnings season, but ESG expectations too. As the world increasingly mobilizes to tackle climate change, we continue to encourage our invested companies to implement sustainable business practices. We expect that efforts to relay climate ambitions, such […]
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. Social premium on the rise Social factors have, on average, been effective in each of the last six calendar years – and […]
