Company type | Public |
---|---|
NYSE: FHI (Class B) S&P 400 Component | |
Industry | Financial services |
Founded | October 18, 1957 [1] |
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) |
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 |
Federated Hermes is an investment manager headquartered in Pittsburgh, Pennsylvania, United States. Founded in 1955 and incorporated on October 18, 1957,[1] 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.