Record Assets Under Management
Federated Hermes ended Q2 2025 with record assets under management of $846 billion, led by gains from equity strategies which increased by $8.1 billion or 10% from the prior quarter.
Significant Equity Net Sales Growth
Second quarter equity net sales were $1.8 billion, representing an organic growth rate of just under 9%. MDT equity strategies had net sales of $3.8 billion, up from $3.3 billion in the first quarter.
Strong Money Market Fund Performance
Money market fund assets reached a record high at the end of Q2, increasing by $3.1 billion to reach $468 billion.
Innovations in Digital Assets
Federated Hermes is actively participating in the development of tokenized money market funds and digital asset infrastructure, collaborating with Bank of New York and Goldman Sachs on blockchain initiatives.
Successful Acquisitions and Product Development
Completion of the acquisition of a majority interest in Rivington Energy Management Limited, enhancing Private Markets platform with renewable energy expertise.