FHI

Federated Hermes, Inc. (NYSE:FHI) is a Pittsburgh-based asset management company founded in 1955 that has grown to become one of the largest money market fund managers in the United States. The company went public in 1998 and operates as a publicly owned asset management holding company through its various subsidiaries. With over $830 billion in assets under management as of 2024, Federated Hermes serves a diverse client base including individuals, institutions, pension plans, and investment advisors across global markets. The firm has expanded its operations internationally with offices in New York City and London, United Kingdom, positioning itself as a global investment management platform.