Federated Hermes, Inc. FHI

FHI Company Overview

Federated Hermes, Inc. (NYSE: FHI) is a global investment management company that provides active investment solutions to institutional investors, intermediaries, and individual investors. The firm operates primarily in the asset management industry, with offerings spanning equity, fixed-income, liquidity, alternative, and private markets strategies. A significant portion of the company’s assets under management and revenue has historically been derived from money market and cash management products, alongside equity and fixed-income investment strategies distributed through financial intermediaries and institutional channels.

The company traces its origins to 1955, when Federated Investors was founded in Pittsburgh, Pennsylvania. Over time, it expanded from a U.S.-focused mutual fund manager into a broader global asset manager through acquisitions, strategic partnerships, and international expansion. In 2020, the company rebranded from Federated Investors, Inc. to Federated Hermes, Inc. following the acquisition of a majority stake in Hermes Investment Management, a UK-based active manager known for ESG integration and stewardship capabilities. The combined organization positioned itself as a global active investment manager emphasizing responsible investing, engagement, and long-term client outcomes.