NYSE:FHICapital Markets
Does Launching an International Leaders ETF Sharpen Federated Hermes’ Active Identity or Blur It (FHI)?
Earlier this month, Federated Hermes, Inc. launched the Federated Hermes International Leaders ETF (FHIL), an actively managed fund focused on developed-market equities of high-quality foreign companies trading below estimated intrinsic value, managed by the firm’s long-tenured International Core/Value team.
The ETF extends Federated Hermes’ international equity capabilities into the ETF wrapper, aiming to couple active value-oriented stock selection with the structural benefits of tax...