The Federated Hermes 2023 Outlook

The launch of the Federated Hermes Global Equity Fund broadens the wholesale offering in Australia

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.

Recognized by the Monetary Authority of Singapore (MAS) for retail distribution in Singapore.

Catherine will be responsible for developing and maintaining relationships with UK and global investment consultants.