Meet the Manager: Chris Wu
VIDEO EMBED How did you get started in investment management? I tried a few different careers earlier in my life. I was a PhD candidate in molecular biology, where I researched Alzheimer’s disease. After that, I worked as a software engineer. Eventually, I became a bond portfolio manager. So, my career path has taken a […]
Trade Finance whitepaper
Uncorrelated alpha potential
Global Equity ESG, Annual Report 2025
Physical risk: Turning climate uncertainty into investment insight As climate pressures reshape energy, food and water systems, physical risk is becoming more financially material, and integrating data, governance and adaptation into investment strategies is now essential. Here, the Global Equity team at Federated Hermes outline their approach to assessing physical risk – at both a […]
The wall of worry gets another brick
Markets generally need walls of worry to climb gradually higher, and this weekend US equity markets received another brick. Add that to the collection we have been watching, particularly AI disruption, valuation concerns around asset-light businesses, private credit, renewed tariff uncertainty, and the direction of inflation. While the war in Iran seems likely to end […]
Market Snapshot
Escalating Iran war rocks markets
Has the floor been raised for the money markets?
There are essentially two ways an extraordinary development can play out: reverting to the mean or creating a new status quo. In finance, the latter is rare, but we believe 2026 is shaping up to be just that for the money markets. Many would agree that the collective performance of stable value products since mid-2022 […]
Market Snapshot
Nvidia: the canary that didn’t sing?
Looking beyond mainstream bonds
What is your economic outlook, and how has that informed your view of credit spreads? The economy is actually doing well. in fact, I expect this year to be even better than last year. We believe GDP growth may be around 3% this year. There are a few reasons for that: less impact from tariffs, […]
The good news and the bad news
We are six weeks into the year and, at a high level, the US investment landscape is unfolding largely as expected. The macro data continues to support our Goldilocks outlook: above-consensus GDP growth, improving productivity, moderating inflation and a gradual decline of interest rates. As earnings season draws to a close, analysts have begun to […]
Market Snapshot
AI fears overshadow strong Q4 earnings
