Federated Hermes
Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957, the company manages $758 billion of customer assets, as of Dec. 31, 2023. The company offers investments spanning equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies, including mutual funds, exchange-traded funds (ETFs), separate accounts, closed-end funds and collective investment funds. Clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.
Headquarters at Federated Hermes Tower | |
| Company type | Public |
|---|---|
Traded as | NYSE: FHI (Class B) S&P 400 Component |
| Industry | Financial services |
| Founded | October 18, 1957 |
| Headquarters | Federated Tower Pittsburgh, Pennsylvania United States |
Key people | John F. Donahue, Co-founder J. Christopher Donahue, President and CEO Thomas Donahue, CFO |
| Products | mutual funds |
| Revenue | US$1.6 billion (Dec. 31, 2023) |
Net income | US$299 million (Dec. 31, 2023) |
| AUM | US$758 billion (Dec. 31, 2023) |
| Total equity | US$79 billion (Dec. 31, 2023) |
Number of employees | 2,025 (Dec. 31, 2023) |
| Website | www |
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