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Federated Hermes
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Summary
location iconPittsburgh, Bangladesh
website
company sizeCompany size: 1001-5000
aumAUM: $50B+

Federated Hermes, Inc. is a large publicly traded investment manager based in Pittsburgh, Pennsylvania founded in 1955. Federated Hermes, Inc. offers investment solutions across fixed income, alternative and private markets, multi-asset and liquidity management strategies for intuitional investors, financial intermediaries, businesses, governments, financial institutions, financial advisors, and other investors.

Categories
Investment Management
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Federated Hermes - Recent News & Articles

Euro zone inflation rises to higher-than-expected 2%, weakening case for jumbo rate cut

Inflation in the euro area rose from 1.7% to 2% in October, flash figures showed Thursday, coming in slightly higher than the 1.9% forecast. Core inf...

Source: CNBC
Blackstone tops profit estimate as its assets hit record, dealmaking picks up

Blackstone (BX.N), beat Wall Street's expectations on its key quarterly earnings metric on Thursday, as the world's largest alternative investment fir...

Source: Reuters
European Central Bank lowers key rate to 3.25% in third cut this year: Live updates

The European Central Bank on Thursday cut its key interest rate to 3.25%, in its third quarter-percentage-point reduction of the year. The move had be...

Source: CNBC
PE-Backed Firms Suffering Higher Default Rates, Moody’s Says

Companies owned by private equity firms are landing in default more frequently than other speculative-grade borrowers, according to a report from Mood...

China kicks off 500 bln yuan swap facility to aid stock market

China's central bank said on Thursday it would start accepting applications from financial institutions to join a newly created funding scheme, initia...

Source: Reuters
A Tale of Two Consumers

The Impact of Two Consumer Classes and the Fed Funds Rate Outlook

China’s Bold Stimulus Measures Won’t Save Its Flagging Economy

After months of business leaders and economists urging action, the People’s Bank of China (PBoC)—the central bank of the world’s second biggest econom...

Source: Time
Fed may have to cut aggressively as individuals finding jobs hard to get is rising

Investing.com -- The Federal Reserve may need to implement more aggressive rate cuts as recent data reveals a concerning trend in the labor market, ac...

PayPal lets US business accounts buy and sell crypto

PayPal Holdings, Inc. (NASDAQ: PYPL) announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal busin...

Source: Finextra
The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air

A week’s worth of inflation data showed that price pressures have eased substantially since their meteoric rise in 2021-22. Fed officials head into th...

Source: CNBC