Federated Hermes Inc Class B

FHI: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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US-Based Traditional Asset Managers: Rising Equity Markets Contribute to AUM Growth for the Group

Greggory Warren

Jul 6, 2026

With the US equity markets up more than 15% in the second quarter and more than 10% year to date at the end of June 2026, most of the traditional asset managers have positive momentum coming into the second-quarter earnings season.

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Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

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Federated Hermes Inc Class B

US-Based Traditional Asset Managers: Rising Equity Markets Contribute to AUM Growth for the Group

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