Federated Hermes (FHI)

Overall impact
D (39)

Commentary

Federated Hermes is a below-average overall performer. With a 'D' rating of 39.1 for overall impact (bottom 25% of all companies), Federated Hermes ranks 153rd out of 190 industry peers, behind CM Finance, Logan Ridge Finance Corporation, Encore Capital and 149 others, and ahead of Victory Capital, Atlas Corporation, Prospect Capital and 34 others. On top material causes for Federated Hermes's industry (Financial Services), Federated Hermes performs poorly in Quality Lifelong Education (29.5 score), Racial Justice and Civil Rights (25.7), Reduced Inequality (29.8) and 7 other causes where it received a 'D' or 'F' score. Federated Hermes did not receive an 'A' rating on any cause.
Impact
Cause FHI
Peer rank
Overall impact

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Impact trend

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Company
Founded
1955
Employees
2,000
Sector
Financials
Industry
Banks
Sub-industry
Regional Banks
SASB industry
Asset Management & Custody Activities
Headquarters
Pa, United States
Share classes
FHI
Description
Federated Hermes, Inc. is a publicly owned investment manager. Through its subsidiaries, the firm provides its services to individuals, including high net worth individuals, banking or thrift institutions, investment companies, pension and profit sharing plans, pooled investment vehicles, charitable organizations, state or municipal government entities, and registered investment advisors. Through its subsidiaries, it manages separate client-focused equity, fixed income, balanced and money market mutual funds along with separate client-focused equity, fixed income, money market, and balanced portfolios. Through its subsidiaries, the firm invests in the public equity and fixed income markets across the globe. It invests in growth and value stocks of small-cap, mid-cap, and large-cap companies. The firm makes its fixed income investments in ultra-short, short-term, and intermediate-term mortgage-backed, U.S. Government, U.S. corporate, high yield, and municipal securities. It employs both fundamental and quantitative analysis to make its equity investments. Federated Hermes, Inc. was founded in 1955 and is based in Pittsburgh, Pennsylvania with additional offices in New York City and London, United Kingdom.
Material causes
Ethos considers the following causes material for Federated Hermes, based on its industry sub-industry Regional Banks. Learn more about material causes in our methodology overview.

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