Federated Hermes, Inc.

Federated Hermes is a publicly owned investment manager. Through its subsidiaries, the firm provides investment management services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors. It manages separate client-focused equity, fixed income, balanced and money market mutual funds, as well as separate client-focused equity, fixed income, money market, and balanced portfolios. The firm invests in public equity and fixed income markets globally, focusing on growth and value stocks of small-cap, mid-cap, and large-cap companies. For fixed income, it invests in ultra-short, short-term, and intermediate-term mortgage-backed, U.S. Government, U.S. corporate, high yield, and municipal securities. Federated Hermes employs both fundamental and quantitative analysis for its equity investments.

Federated Hermes is listed on the New York Stock Exchange (NYSE) under the ticker symbol FHI. The company trades in U.S. dollars (USD), as it is headquartered in the United States. Being listed on the NYSE provides the company with access to a broad base of investors and liquidity in one of the world's largest stock exchanges.

Federated Hermes operates in the Financial Services sector, specifically within the Asset Management industry. As an asset management firm, its primary business involves managing investments on behalf of clients, including mutual funds, separate accounts, and other investment vehicles. The company's focus on asset management means it generates revenue primarily through management fees based on assets under management, as well as performance fees in some cases.

Federated Hermes is headquartered in Pittsburgh, Pennsylvania, United States. The company also has additional offices in New York City; Chicago, Illinois; and London, United Kingdom. Founded in 1955, Federated Hermes serves a diverse client base including individuals, high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors. Its investment activities span global public equity and fixed income markets, indicating a broad geographic reach in both developed and emerging markets.

Federated Hermes generates revenue primarily through investment management fees charged to its clients. These fees are typically calculated as a percentage of assets under management (AUM). The firm manages a variety of investment products, including separate client-focused equity, fixed income, balanced and money market mutual funds, as well as separate accounts. By offering a diverse range of investment strategies—such as growth and value equities across market capitalizations, and fixed income investments in ultra-short, short-term, and intermediate-term mortgage-backed, U.S. Government, U.S. corporate, high yield, and municipal securities—the company attracts a broad client base. Additionally, Federated Hermes may earn performance-based fees for certain accounts. The firm's long history since 1955 and its global presence, with offices in the U.S. and London, support its ability to manage assets across different markets and economic cycles.