Federated Hermes B

Federated Hermes has benefited strongly from a boom in its money-market business and reported record assets under management of around $907 billion at the end of the first quarter of 2026. High short-term interest rates and rising demand for liquid investment products are driving the growth. The company remains focused on equity, bond and alternative strategies, but its particular strength currently lies in the money-market segment. » Altro su finanzen.net

Schneider Downs Wealth Management increased its Federated Hermes stake by 65,025 shares in Q1, buying an estimated $3.56 million of stock and lifting the position to $154.7 million (17.1% of its reportable AUM). The quarter-end value rose by $16.04 million after market moves. Federated Hermes reported record AUM of $907.1 billion, revenue up 13% to $479 million, a nearly 12% dividend increase and $66 million of buybacks, supporting the wealth manager’s confidence in the asset manager. » Altro su finance.yahoo.com

Steve Chiavarone will become Chief Investment Officer for global equities effective 1 September 2026, succeeding the retiring Steve Auth. Chiavarone is currently deputy CIO for global equities, has 21 years of investment experience and will be responsible for investment processes, portfolio performance and the further development of the investment teams. According to the report, Federated Hermes shows strong metrics (Piotroski Score 9), manages USD 100.8 billion in the global equities division and USD 907.1 billion in total AUM; the stock most recently delivered a one-year return of 35%. » Altro su de.investing.com