Paradise Birmingham development team to join MEPC
London – MEPC, the wholly owned development and asset management subsidiary of the international business of Federated Hermes, announces that Argent’s eight-strong team working on the £700 million Paradise, Birmingham scheme will be joining the company. The team officially joined MEPC on 1 July 2021 and the operations will remain the same – to continue […]
Federated Hermes forecasts what lies ahead for the rest of 2021
This year’s market environment has already been challenging to navigate. A number of themes have captured the attention of our investment floor and our managers below have taken stock of how these are likely to evolve going forward. Eoin Murray, Head of Investment As we ‘build forwards better’, rather than ‘back’, the world is facing […]
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 […]
Federated Hermes and Dar Group strike long term partnership to develop UK HQ
London – The International business of Federated Hermes and Dar Group announce a new partnership to support the development of Dar’s new UK headquarters at 150 Holborn. The agreement will see Federated Hermes provide £100 million of development and investment financing over a 10-year term. Dar Group is a leading international consultancy active in infrastructure, […]
Economic Outlook
Can things ‘only get better’?
Federated Hermes to launch Sustainable Global Equity Fund as first of new product suite
The international business of Federated Hermes has today announced the launch of a new Sustainable Global Equity Fund, the first of a new Sustainable suite of products being developed by the firm to meet strong demand from clients for values-based solutions. The new fund will be managed by Martin Todd and will be available to […]
Three wishes for tomorrow’s UK Budget
Put climate risk and protection of biodiversity at the heart of the evolving framework for green gilts Innovate to green the nation’s steel production, creating jobs and eliminating steel’s carbon footprint Drop GDP for 21st century measures of economic growth and societal wellbeing through Sustainable Domestic Product (SDP) Ahead of tomorrow’s UK Budget, Eoin Murray, Head […]
Infrastructure team realises its 50% interest in Braes of Doune wind farm
The Infrastructure team, part of the international business of Federated Hermes, is pleased to announce that Hermes Infrastructure Fund I (“HIF I”) has sold a 50% interest in Braes of Doune wind farm to Greencoat UK Wind PLC (“UKW”), for a consideration of £48.1m. HIF I acquired the 50% interest in Braes of Doune from […]
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 […]
