Federated Hermes

Federated Hermes, Inc. announces first quarter 2024 earnings and conference call dates

Retrieved on: 
Thursday, April 4, 2024
Federated Hermes, Insurance, FHI, Shareholder

A conference call for investors and analysts will be held at 9 a.m. Eastern on Friday, April 26, 2024.

Key Points: 
  • A conference call for investors and analysts will be held at 9 a.m. Eastern on Friday, April 26, 2024.
  • President and Chief Executive Officer J. Christopher Donahue and Chief Financial Officer Thomas R. Donahue will host the call.
  • Investors interested in listening to the conference call should dial 888-506-0062 (domestic) or 973-528-0011 (international) or visit FederatedHermes.com/us for real-time Internet access.
  • Federated Hermes' Annual Shareholder Meeting will take place by teleconference at 4 p.m. Eastern on Thursday, April 25, 2024.

Federated Hermes earns two LSEG Lipper Fund Awards

Retrieved on: 
Thursday, March 14, 2024
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Federated Hermes Muni & Stock Advantage Fund and Federated Hermes SDG Engagement Equity Fund recognized for three-year performance.

Key Points: 
  • Federated Hermes Muni & Stock Advantage Fund and Federated Hermes SDG Engagement Equity Fund recognized for three-year performance.
  • PITTSBURGH, March 14, 2024 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced that Federated Hermes Muni & Stock Advantage Fund and Federated Hermes SDG Engagement Equity Fund were recognized by the 2024 LSEG Lipper Fund Awards for consistently strong risk-adjusted three-year performance.
  • The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
  • The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award.

Federated Hermes, Inc.'s CEO to participate in 2024 RBC Capital Markets Financial Institutions Conference

Retrieved on: 
Wednesday, February 28, 2024
RBC Capital Markets, Insurance, Federated Hermes, FHI, Conference

PITTSBURGH, Feb. 28, 2024 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced that President and CEO J. Christopher Donahue is scheduled to present at the 2024 RBC Capital Markets Financial Institutions Conference from approximately 1:20 to 1:50 p.m. Eastern on Wednesday, March 6, 2024.

Key Points: 
  • PITTSBURGH, Feb. 28, 2024 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced that President and CEO J. Christopher Donahue is scheduled to present at the 2024 RBC Capital Markets Financial Institutions Conference from approximately 1:20 to 1:50 p.m. Eastern on Wednesday, March 6, 2024.
  • Investors and other interested parties can listen to a live webcast of the presentation via FederatedHermes.com/us .
  • Federated Hermes, Inc. is a global leader in active, responsible investment management, with $757.6 billion in assets under management, as of Dec. 31, 2023.
  • Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York, Boston and offices worldwide.

Federated Hermes, Inc. announces nomination of new independent director

Retrieved on: 
Friday, February 23, 2024
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Since 2018, Hanlon has served as chief operating officer for Highmark Health, after serving as chief financial officer and treasurer since 2014.

Key Points: 
  • Since 2018, Hanlon has served as chief operating officer for Highmark Health, after serving as chief financial officer and treasurer since 2014.
  • She began her career at the public accounting firm KPMG Peat Marwick prior to joining Highmark Inc. in 1997.
  • Federated Hermes, Inc. is a global leader in active, responsible investment management, with $757.6 billion in assets under management, as of Dec. 31, 2023.
  • Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York, Boston and offices worldwide.

Kennet Partners and Federated Hermes Private Equity to Invest $32m in UK & Ireland-based Automated Workflow Platform, Screendragon

Retrieved on: 
Tuesday, February 6, 2024
Kennet Partners, Federated Hermes, Marketing, Investment, Partner, Software as a service

LONDON and CORK, Ireland, Feb. 6, 2024 /PRNewswire-PRWeb/ -- Screendragon Ltd., a technology leader in SaaS-based workflow automation, announced today that Kennet Partners and Federated Hermes Private Equity, have invested $32 million in the software company to drive the continued expansion of the business.

Key Points: 
  • The team has outcompeted software giants to win some of the world's largest brands as customers without raising any institutional capital.
  • Screendragon is a highly awarded platform serving the agency and marketing sectors.
  • Their platform is designed to automate complex workflows, connect distributed teams and provide visibility and agility at scale.
  • Federated Hermes Private Equity, with over two decades of experience investing alongside private equity firms with $6.3bn of assets under management, is investing alongside.

Federated Hermes, Inc. announces fourth quarter and year-end 2023 earnings and conference call dates

Retrieved on: 
Thursday, January 11, 2024
Insurance, Federated Hermes, FHI

A conference call for investors and analysts will be held at 9 a.m. Eastern on Friday, Jan. 26, 2024.

Key Points: 
  • A conference call for investors and analysts will be held at 9 a.m. Eastern on Friday, Jan. 26, 2024.
  • President and Chief Executive Officer J. Christopher Donahue and Chief Financial Officer Thomas R. Donahue will host the call.
  • Investors interested in listening to the conference call should dial 888-506-0062 (domestic) or 973-528-0011 (international) or visit FederatedHermes.com/us for real-time Internet access.
  • Federated Hermes, Inc. is a global leader in active, responsible investment management, with $715.0 billion in assets under management, as of Sept. 30, 2023.

Federated Hermes Premier Municipal Income Fund declares dividend and announces new Trustee

Retrieved on: 
Wednesday, January 10, 2024
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Effective Jan. 1, 2024, John Carson joined the Board of Trustees of Federated Hermes Premier Municipal Income Fund, replacing John Collins, who retired.

Key Points: 
  • Effective Jan. 1, 2024, John Carson joined the Board of Trustees of Federated Hermes Premier Municipal Income Fund, replacing John Collins, who retired.
  • Previously, Carson was a vice president at the Glenmede Trust Company.
  • Federated Hermes, Inc. (NYSE: FHI) is a global leader in active, responsible investment management, with $715.0 billion in assets under management, as of Sept. 30, 2023.
  • Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York, Boston and offices worldwide.

Pioneering Education Investors Commit $167M to Help Schools Navigate Digital Transformation

Retrieved on: 
Monday, December 18, 2023
TED, Workforce, Investment, Learning, Student, Virtual reality, Federated Hermes, University, School, BBC, Software, K-12, AI, Education, Nursing, Tutoring

NEW YORK, Dec. 18, 2023 /PRNewswire/ -- Achieve Partners today announced the launch of a new $167 million fund focused on helping K-12 schools and universities evolve their approach to technology and improve learning outcomes for students. Widely recognized as one of the country's most forward-thinking education and workforce investment firms, Achieve is investing in software and tech-enabled services companies across the education spectrum – from K-12 through higher education and workforce development – at a time when technology is playing an increasingly prominent role in learning, credentialing, and skill development. Core to its impact strategy, Achieve expects to demonstrate and quantify the impact of its portfolio companies through third-party academic research.

Key Points: 
  • Core to its impact strategy, Achieve expects to demonstrate and quantify the impact of its portfolio companies through third-party academic research.
  • "Achieve's investment thesis recognizes that in an increasingly digital world, it's critical for education providers to invest in digital transformation — and, more specifically, in the tools that help them both operate better and deliver better outcomes for students."
  • Over the past decade, edtech companies that sell to schools have grown quickly and the pandemic has only increased the reliance on digital solutions.
  • "The most effective education technology solutions are often those that don't get as much fanfare.

Month-end portfolio data now available for Federated Hermes Premier Municipal Income Fund

Retrieved on: 
Wednesday, November 15, 2023
FMN, Federated Hermes, NYSE, Insurance, Liberty Avenue, FHI, Financial services, Boston

PITTSBURGH, Nov. 15, 2023 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of Oct. 31, 2023, is now available in the Products section of FederatedHermes.com/us .

Key Points: 
  • PITTSBURGH, Nov. 15, 2023 /PRNewswire/ -- Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, today announced that monthly fund composition and performance data for Federated Hermes Premier Municipal Income Fund (NYSE: FMN) as of Oct. 31, 2023, is now available in the Products section of FederatedHermes.com/us .
  • To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email [email protected] or write to Federated Hermes, 1001 Liberty Avenue, Floor 23, Pittsburgh, PA 15222.
  • Federated Hermes, Inc. is a global leader in active, responsible investment management, with $715.0 billion in assets under management, as of Sept. 30, 2023.
  • Headquartered in Pittsburgh, Federated Hermes has more than 2,000 employees in London, New York, Boston and offices worldwide.

Auquan Raises $3.5M to Accelerate Generative AI for Financial Services, Turning Unstructured Data Into Intelligence

Retrieved on: 
Wednesday, October 18, 2023
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The company also formally announced its Auquan Intelligence Engine™, powered by retrieval augmented generation (RAG) AI.

Key Points: 
  • The company also formally announced its Auquan Intelligence Engine™, powered by retrieval augmented generation (RAG) AI.
  • Some of the largest asset managers, investment banks, and private equity funds in the U.S. and Europe have already deployed Auquan.
  • Auquan is using the investment to continue developing its RAG AI-powered intelligence engine and further expand its market presence in the United States.
  • “RAG AI represents a major breakthrough for making generative AI viable for knowledge-intensive tasks in the enterprise.