Global markets have seen significant volatility in 2021 driven by price inflation, expectations for interest rates, commodities shortages and covid-19 variants. An enormous amount of attention has been placed on fighting the climate crisis and how all market participants can effectively transition to net zero. Will these trends persist into next year?
Carlos Gross will be responsible for leading Federated Hermes Private Credit’s credit opportunities strategies in Europe, expanding the firm’s private credit offering to meet a broader range of investor risk‑return objectives.
Steve Chiavarone, CFA, will become Chief Investment Officer (CIO) for Global Equities effective Sept. 1, 2026, following Steve Auth’s decision to retire after 26 years with the firm, including 24 years as global equity CIO.
The transaction represents a significant step in advancing Federated Hermes’ strategic commitment to expanding its private markets and alternatives capabilities, particularly within the US real estate sector, and complements the firm’s long-established real estate platform in the UK.
Global markets have seen significant volatility in 2021 driven by price inflation, expectations for interest rates, commodities shortages and covid-19 variants. An enormous amount of attention has been placed on fighting the climate crisis and how all market participants can effectively transition to net zero. Will these trends persist into next year?
Looking into 2022 with Federated Hermes
Share:
Recent media releases
Get the latest insights straight to your inbox
Related Insights