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 […]
On the road again
market snapshot
Investors size up far-reaching implications of AI boom
market snapshot
Putting the ‘investment’ in investment grade credit
Why now? Yields are at decade highs: Yields, which sit at almost 5% for the global investment grade market, are looking very attractive. Historically, and looking at the past decade in particular, yields are now at the highest level seen for the investment grade market, as demonstrated in Figure 1 below. This indicates that a […]
What gives, corporate hybrids?
Chartology
Stubbornly high inflation sends bond yields higher
market snapshot
Federated Hermes Stewardship Report 2022
This year’s report now features the stewardship activities of our infrastructure and private equity investment teams. Monitoring engagement outcomes is crucial in ensuring our approach is effective and achieves the desired results. As such, this report contains new and updated examples and case studies throughout to demonstrate how our approach works in practice. In our […]
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 […]
