ESG Materiality, H1 2023
Spotlight on India
Beyond re-opening: the long-term trends to watch in China
Optimism that China’s scrapping of its strict zero-Covid controls would boost the global economy has been tempered by weaker-than-expected data in May on retail sales, industrial output, and investments. But this short-term blip needs to be viewed in the context of the vast technological and demographic shifts underway in the world’s second largest economy that […]
Crouching tiger: the contrarian case for China
Following the end of zero-Covid, China is in the midst of a U-shaped rather than V-shaped recovery, which has been quite uneven across various sectors. Electric vehicle (EV) sales as percentage of new auto sales in China increased to 35% in 2022 and China is now a net exporter of cars. The Chinese EV sector […]
Meet the Manager: Nachu Chockalingam
What’s your role at Federated Hermes? I work as a portfolio manager in our Credit team, with a particular focus on our sustainability-themed strategies. How did you get started in your career? Somewhat oddly, I think I knew I wanted to work in finance from a pretty young age but didn’t really know what area […]
Investors size up far-reaching implications of AI boom
market snapshot
What gives, corporate hybrids?
Chartology
Meet the Manager: Sandy Pei
What’s your role at Federated Hermes? I’m deputy portfolio manager of the Federated Hermes Asia ex-Japan Equity Strategy and co-portfolio manager of the Federated Hermes China Equity Strategy. What did you want to be when you were younger, and how did you get started in your career? When I was a little girl, I wanted […]
Raising the roof
market snapshot
The seven pillars of AT1 wisdom
Chart of the month
Collapse frequency: deposits, liquidity, and the new bank-body problem
‘Black-body radiation’ – a phrase first dreamed up by Gustav Kirchoff in 1862 – is both a marvel of classic physics and a signal player in its undoing. The multi-talented Kirchoff was the first to mathematically formalise the relationship between radiation falling on an idealised black body and the subsequent frequencies of heat energy emitted […]
