SDG Engagement High Yield Credit, H1 2025
Fast reading The investment and engagement team provide a full overview of how their interactions with portfolio companies have created positive outcomes. We break down the engagement statistics for the first six months of 2025, and our investment commentary explores how risk assets performed over the same period. Our engagement review delivers in-depth detail on […]
Spectrum: A quiet revolution
In the changing world of finance, where instinct, emotion, and experience have often held sway, quantitative investing has emerged as both a disruptor and a guidepost since its conception in the mid to late twentieth century. It’s a field of investing where data doesn’t just support decision-making – it drives it. As we stand at […]
Behind the red-hot rebound in emerging markets
Chartology
Our new AI assessment of engagement sentiment
The Global Equity ESG has long integrated EOS at Federated Hermes Limited, our dedicated stewardship and engagement team, into our investment process. EOS provides both qualitative insights from thousands of company meetings and quantitative metrics that enhance ESG analysis and decision-making. These insights feed directly into our proprietary QESG Score, which blends data from voting […]
The MDT factor
Video transcript MDT’s investment approach is quite different to many other active managers you may come across in the market. There are collectively a few things that I think really differentiates MDT from our peers. First off is our experience. We’ve been managing our investment process now for over 30 years. We’ve been able to […]
The US SMID revival: Why this quiet rotation matters
Valuations are attractive, but this time there’s more At the 14-year mark, the current outperformance cycle by US large-cap stocks over small cap is well past the historical 10-year average. US small and mid-cap (SMID) companies have been out of favour since the pandemic due to the high-interest rate environment, growing geopolitical tensions, recessionary concerns […]
Meet the Manager: MDT’s Kelly Patel
Video transcript What’s your role at Federated Hermes? My name is Kelly Patel and I’m the Portfolio Analytics Manager for the MDT team at Federated Hermes. I began working at MDT straight out of college, and I’ve spent my entire professional career here since. Throughout my career I’ve worked in a variety of analytical roles […]
Is global high yield a short duration market now?
The duration of the global high yield (GHY) market is below its long-term average and quite a distance from its peak. Figure 1 shows duration at around three years, which is by far the lowest it has ever been. This compares to a long-term average of just over four years. This 25% decline in duration […]
Which indices have surprised on the upside?
Chartology
360°, H2 2025
How not to be a deer caught in the ‘headlines’
