NYSE:FHICapital Markets
Federated Hermes Hong Kong Move Puts Asia Growth And Valuation In Focus
Federated Hermes, NYSE:FHI, has received board approval to establish a new office in Hong Kong.
The expansion is aimed at serving major financial institutions across Asia more directly.
The move marks a material shift in the company’s geographic footprint beyond its existing bases.
Federated Hermes, trading at $53.03, is extending its reach into Asia with a Hong Kong office aimed at deepening relationships with large financial institutions. The company has delivered a 37.4% return over the...