Hermes and Federated Investors combine to form $576bn asset manager

Hope William-Smith
clock • 2 min read

Global investment management giants Hermes Investment Management and Federated Investors have combined to form a new responsible investment focused identity.

The combined business - to be called Federated Hermes - holds a combined $576bn (£422bn) and has changed its New York Stock Exchange (NYSE) ticker from FII and FHI. The joint brand is set to off...

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