Federated Hermes joins the One Planet Asset Managers initiative
The international business of Federated Hermes is taking collaborative action on climate change with its peers and has joined the One Planet Asset Managers (OPAM) initiative. The OPAM initiative was set up in 2019 by eight founding asset managers to accelerate the understanding of the implications of climate-related risks and opportunities within long-term investment portfolios. […]
Federated Hermes appoints Gemma Corrigan as Head of Policy and Advocacy
The International business of Federated Hermes has appointed Gemma Corrigan as Head of Policy and Advocacy, based in London. She will work within its Responsibility Office and report to Leon Kamhi, Head of Responsibility. Gemma will develop and lead the implementation of the firm’s advocacy programme. Drawing on her significant public sector experience, she will […]
Wellington Place in Leeds secures £87.8million financing
The international business of Federated Hermes and Canada Pension Plan Investment Board (CPP Investments) have secured a loan facility on Wellington Place, their jointly owned business park in Leeds city centre. The £87.8 million, five-year floating rate loan has been provided by Barings Real Estate, part of Barings LLC, one of the world’s largest diversified […]
Federated Hermes adds sales expert Mike Daly to UK Wholesale team
The international business of Federated Hermes has announced the hire of Mike Daly as Sales Director reporting into Dan Churchouse, Head of UK Wholesale Distribution. Based in London, Mike will be responsible for raising third party assets and generating new revenues from UK Wholesale clients in the capital. He joins the firm in June from […]
Economic Outlook
Can things ‘only get better’?
Under Pressure? 5 dynamics shaping the inflation outlook
Key points In the short-term, we are likely to see bouts of inflation this year, due to base effects in energy and Covid-related supply constraints. However, these will likely be short-lived as the significant slack in the economy/labour market will curb underlying inflationary pressures. Longer-term, the view is more nuanced. Fiscal spending could succeed in […]
All eyes on Sustainability this Earnings Season
Our dedicated commitment to sustainable wealth creation means we are not only busy forming financial expectations for the upcoming earnings season, but ESG expectations too. As the world increasingly mobilizes to tackle climate change, we continue to encourage our invested companies to implement sustainable business practices. We expect that efforts to relay climate ambitions, such […]
New research shows Covid has accelerated the social awakening
New research from the Global Equities team at the international business of Federated Hermes shows that companies with good or improving social practices can potentially add up to 17bps each month to returns. Social premium on the rise Social factors have, on average, been effective in each of the last six calendar years – and […]
Federated Hermes launches residential brand Hestia and expands portfolio with two new acquisitions
The International business of Federated Hermes has today announced the launch of a new Residential brand – Hestia. The new brand will consist of a portfolio of existing residential assets and new developments, with two acquisitions being announced today: Axion House, a Shared ownership and social rent development in Lewisham, South East London, and two […]
EOS at Federated Hermes publishes new Corporate Governance Principles for 2021
EOS at Federated Hermes, the leading stewardship provider, has today published its 2021 UK Corporate Governance Principles. In a letter to 124 listed UK companies, EOS has outlined its expectations across a number of important strategic governance, environmental and social topics. The Principles will guide the team’s corporate engagement programme and approach to recommending votes […]
