# Federated Hermes
---
Who / What
Federated Hermes is an American financial services company specializing in investment management. It provides a wide range of asset management solutions, including equity, fixed-income, alternative/private markets, multi-asset strategies, and liquidity management through mutual funds, ETFs, separate accounts, closed-end funds, and collective investment funds.
---
Background & History
Federated Hermes was founded in 1955 as a subsidiary of **Federal Insurance Company**, later evolving into an independent entity. It was officially incorporated on October 18, 1957. Over the decades, it expanded its operations to become one of the largest asset managers globally, growing from regional expertise to a major player in the financial services industry.
---
Why Notable
Federated Hermes stands out for managing over **$902.6 billion** in customer assets as of December 2025—a testament to its scale and reliability. Its diverse investment strategies cater to institutional investors, retail clients, and pension funds, making it a critical player in the financial ecosystem. The company’s innovation in ETFs and alternative investments has also solidified its reputation for adaptability and long-term success.
---
In the News
As of December 2025, Federated Hermes continues to be a key participant in global asset management trends, particularly in response to evolving market demands such as sustainability-focused investing and digital transformation. Its robust financial performance and strategic expansions remain central topics in discussions about the future of investment firms.
---
Key Facts
---
