Record Assets Under Management
Federated Hermes ended Q2 2025 with record assets under management of $846 billion, driven by a $8.1 billion or 10% increase in equity strategies.
Strong Performance in Equity Strategies
MDT equity strategies had net sales of $3.8 billion in Q2, up from $3.3 billion in Q1. Seven out of eight MDT equity mutual fund strategies are in the top performance quartile for the trailing three years.
Expansion in Alternative Private Markets
Assets in the alternative private markets category increased by $1.3 billion or 7% in Q2. The company completed the acquisition of a majority interest in Rivington Energy Management Limited.
Advancement in Digital Asset Integration
Federated Hermes is participating in a collaborative initiative with Bank of New York and Goldman Sachs to use blockchain technology for money market funds. They are also subadvisors for a private tokenized fund with $425 million in assets.
Share Repurchase Program
The Board of Directors approved a new share repurchase program for 5 million shares, in addition to the 1.1 million shares remaining from the prior program.