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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.
At 31 March 2018, Hermes Investments third-party clients included institutional and wholesale investors in the UK, Europe, United States, north Asia and Australia. At 31 March 2018, third-party clients accounted for 64% of the company's revenues. On 2 July 2018, Federated Investors acquired majority ownership of Hermes Fund Managers.
John "Jack" Francis Donahue (July 28, 1924 – May 11, 2017) was an American businessman and founder of Federated Hermes. In 1955, Donahue founded Federated Investors, headquartered in Pittsburgh, Pennsylvania, which later became Federated Hermes.
Federated Hermes, Inc. ( NYSE:FHI ) shareholders are probably feeling a little disappointed, since its shares fell 9.9...
Eurostar Group is a holding company created by SNCF Voyageurs, Caisse de dépôt et placement du Québec, NMBS/SNCB, and Federated Hermes Infrastructure in 2022 with the aim of merging the operations of Thalys and Eurostar high-speed rail services between France, United Kingdom, Belgium, Netherlands, and Germany. [2]
Allspring Global Investments was originally the asset management unit of Wells Fargo known as Wells Fargo Asset Management (WFAM) that was established in 1995. [2]In October 2020, Wells Fargo was exploring the sale of WFAM as part of its efforts to focus more on core competencies and improve its financial performance after the Wells Fargo cross-selling scandal.
Puech—who reportedly owns around 5% or 6% of the company—is worth between 9 billion and 10 billion Swiss francs (between $10.3 billion and $11.4 billion), ...
HMS Hermes, the name of several ships of the British Royal Navy; Hermes-class post ship, a class of Royal Navy sailing ships built in the early 19th century; Hermes-class sloop, a Royal Navy class of four paddlewheel steam sloops built in the 1830s; USS Hermes, later USS Lanikai, a yacht commissioned into the U.S. Navy in World War I and World ...