# Federated Hermes

> Federated Hermes is a Pittsburgh-based active investment manager serving institutions and financial intermediaries worldwide. Its liquidity franchise anchors a broader business spanning equities, fixed income, private markets and stewardship, with $911.6 billion under management at June 30, 2026.

- **Founded:** 1955
- **Headquarters:** Pittsburgh, United States
- **Founders:** John F. Donahue (Co-founder), Richard B. Fisher (Co-founder), Thomas J. Donnelly (Co-founder and outside legal counsel)
- **Products:** Liquidity management, Active equity strategies, Fixed-income strategies, Private markets, EOS stewardship services
- **Notable:** $911.6 billion AUM at June 30, 2026, then a company record., Money market AUM of $682.6 billion at December 31, 2025., Equity AUM of $109.6 billion at June 30, 2026, then a company record.

## Products & services

- **Liquidity management** — Government, prime and municipal money market funds and institutional cash strategies.
- **Active equity strategies** — Growth, value and blend investing across company sizes and regions, including systematic strategies from MDT Advisers.
- **Fixed-income strategies** — Actively managed bond strategies for income, total return and capital preservation.
- **Private markets** — Private equity, private debt, infrastructure and real estate strategies; expanded US real estate capabilities through FCP in 2026.
- **EOS stewardship services** — Corporate engagement, voting recommendations, screening and responsible ownership advisory services for institutional investors.
- **Active ETFs and separate accounts** — Investment strategies offered through exchange-traded funds and tailored account structures alongside mutual funds.
- **Planned Prometheum tokenized fund** — Partnership announced October 2026 to distribute tokenized securities funds through regulated broker-dealer infrastructure; first product expected Q1 2027.

## Achievements

- $911.6 billion AUM at June 30, 2026, then a company record.
- Money market AUM of $682.6 billion at December 31, 2025.
- Equity AUM of $109.6 billion at June 30, 2026, then a company record.
- First mutual fund to use money market in its name in 1974, according to the company.
- First institutional-only money market fund in 1976, according to the company.

## Latest updates

- **2026-10** — Announced planned tokenized-securities-fund partnership with Prometheum on October 13; first product expected Q1 2027.
- **2026-07** — Reported record AUM of $911.6 billion for June 30 and Q2 diluted EPS of $1.38.
- **2026-04** — Closed the acquisition of an 80% interest in FCP Fund Manager on April 9.
- **2026-04** — Paul Uhlman became President and CEO of the Federated Advisory Companies effective April 30; J. Christopher Donahue remains parent-company CEO.

## Links

- Website: https://www.federatedhermes.com/
- LinkedIn: https://www.linkedin.com/company/federated-hermes/
- Twitter/X: https://www.x.com/FederatedHermes
- YouTube: https://www.youtube.com/c/FederatedHermesInc
- Facebook: https://www.facebook.com/FederatedHermesInc

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Profile page: https://yespress.io/federated-hermes
Published by YesPress — https://yespress.io
Last updated: 2026-10-22