Hermes Investment Management and Federated Investors have announced a unification of their brands to create Federated Investors.

The new brand is said to focus on a “commitment to responsible investing to achieve financial outperformance”.

The move comes after Federated’s purchase of a 60% stake in Hermes in 2018  from BT Pension Scheme (BTPS).

BTPS retains a 29.5% stake in Hermes, while Hermes management owns the remaining interest.

Since the deal, Federated has introduced a responsible investing office, incorporated Hermes ESG factors into the liquidity fund investment decision process, as well as plans to adopt a similar approach for its equity and fixed-income strategies.

Federated Hermes president and CEO J. Christopher Donahue said: “More than a new name or ticker symbol, our company brings together the best of both Federated and Hermes.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Enter your work email
First Name
Last Name
Company Name
Job title *
Phone number *
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“We now have all the components together to take advantage of opportunities across the globe while enhancing two successful business cultures. And our new corporate identity is a tangible expression of our conviction that responsible investing is the best way to create wealth over the long term.”

Federated Hermes offers equity, fixed-income, alternative/private markets, multi-asset and liquidity management strategies as well as separately managed account strategies to corporations, government entities, insurance companies, foundations, endowments, banks, and broker/dealers.

The firm, based in Pittsburgh, has a staff headcount of around 1,900. It also has operations in London, New York, and Boston.

The business managed $575.9bn in assets at the end of December 2019.