Federated Hermes B

Federated Hermes has formed a strategic alliance with Conduit Digital Holdings in Singapore to establish a regulated, tokenized distribution structure for the Asia-Pacific region. A Conduit-managed fund will invest in the Federated Hermes Short-Term U.S. Prime Fund and offer tokenized shares to institutional and qualified investors in the region. The initiative is Federated Hermes’ first step into digital assets in APAC; as of 30 June 2026 the firm managed $676.9 billion in money market funds and $911.6 billion in total. The shares are not registered under the U.S. Securities Act and may not be offered in the United States or to U.S. persons. » Więcej na de.investing.com

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. » Więcej na 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. » Więcej na finance.yahoo.com