Company
Federated Hermes, Inc.
Headquarters: Pittsburgh, PA, United States
Founded: October 18, 1957
Employees: 1,968
CEO: Mr. John Christopher Donahue
Market Cap
$2.74 Billion
USD as of July 1, 2024
Federated Hermes, Inc. Categories
United States Financials Asset ManagementUnited States Financials United States Asset Management
Top Competitors by Market Capitalization
Industry: Asset Management
| Company | Market Cap (USD) |
|---|---|
| Blackstone | $148.37 B |
| BlackRock | $117.48 B |
| KKR & Co. Inc. | $97.78 B |
| Brookfield Corporation | $65.40 B |
| The Bank of New York Mellon Corporation | $44.78 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $887.16 B |
| JPMorgan | $599.29 B |
| Visa | $550.38 B |
| Mastercard | $416.63 B |
| Bank of America | $316.02 B |
Detailed Description
Federated Hermes, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors. Through its subsidiaries, it manages separate client-focused equity, fixed income, balanced and money market mutual funds along with separate client-focused equity, fixed income, money market, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of small-cap, mid-cap, and large-cap companies. The firm makes its fixed income investments in ultra-short, short-term, and intermediate-term mortgage-backed, U.S. Government, U.S. corporate, high yield, and municipal securities. It employs both fundamental and quantitative analysis to make its equity investments. Federated Hermes, Inc. was founded in 1955 and is based in Pittsburgh, Pennsylvania with additional offices in New York City and London, United Kingdom.
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Stocks & Indices
Federated Hermes, Inc. has the following listings and related stock indices.
Stock: NYSE: FHI wb_incandescent
Stock: FSX: 3KC wb_incandescent
Product & Services
mutual funds
Key People
John F. Donahue, Co-founder J. Christopher Donahue, President and CEO
Financials
Revenue: US$1.3 billion(Dec. 31, 2021)
Net income: US$270 million(Dec. 31, 2021)
Total equity: US$96.7 millon(Dec. 31, 2021)