Factor investing remains a cornerstone of quantitative equity, but the playbook is changing. As markets become more complex and concentrated, investors are moving beyond static, linear models toward more adaptive approaches to alpha generation.
Learn More Factor investing remains a cornerstone of quantitative equity, but the playbook is changing. As markets become more complex and concentrated, investors are moving beyond static, linear models toward more adaptive approaches to alpha generation.
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As we all know, the ongoing conflict in the Middle East has significantly disrupted the global oil supply – and this has been reflected in pricing.
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Assuming that a demand shock and an ugly bout of stagflation can be avoided, my view is that the bullish thesis for international equity remains intact.
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The bull case for 2026 and beyond is increasingly dependent on the promise of AI, even as the debate about pros and cons rages in real time.
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A potential 'chair pro tempore' and the criminal probe dominated the Fed's policy-setting meeting.
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The recent spike in oil prices is likely to have far-reaching consequences.
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Warsh is a very credible pick with a record of being an inflation hawk and, most importantly, a staunch defender of Fed independence.
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In early January, President Trump called on credit card issuers to lower their rates to 10% by January 20. That date has now passed, and, subsequently, the president has called on Congress to legislate lower rates for cardholders.
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2025 has brought its share of headwinds: inflation pressures, tariff uncertainty, and global market volatility. Amid the noise, the 1–3-year segment of short duration fixed income is emerging as a sweet spot for investors seeking stability and attractive income.
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Welcome to the Federated Hermes 2026 outlooks series. Over the following weeks, our thought leaders and portfolio managers in liquidity, fixed income and equities will discuss what the new year might bring for the economy, financial markets and investors.
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Closer research helped us uncover a relationship between analyst coverage and our price-based factors.
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Join us for a timely conversation on how institutional investors can navigate this shift and position for long-term growth across a diversified set of markets.
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Fed Chair Powell was markedly less confident in the October FOMC meeting than in September's.
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Something changes when the benchmark takes on a life of its own.
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US Treasury Secretary Scott Bessent appeared to throw Argentina’s under-pressure President Javier Milei a lifeline this week with a commitment "to do what is needed" to support Latin America’s third-largest economy.
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Do rate cuts support additional hiring? Or does that come from confidence in margins and future cash flows? Do lower US Treasury (UST) rates simply lower the cost of capital and encourage even more investment in AI? Or does the broadening-out market support new hires?
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Introduced in 1957, the S&P 500 is the most widely cited US equity index, with more money managed to it, by far, than any other benchmark. As such, it has become a proxy for the health of US investors, corporate America and the overall economy.
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As US tariffs reshape global trade and supply chains, institutional investors are finding diversification benefits and durable spreads in one of the world’s oldest asset classes. Join us as we discuss how shifting trade policies are impacting developing and emerging markets and how privately sourced trade finance can deliver alpha amid funding gaps.
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Political pressures persist and markets assume the resumption of rate cuts.
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Sticking with our 'broadening out' call despite the caution the Fed’s cracked rearview mirror demands.
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High yield is all about risk and reward—and lately risk isn’t being priced appropriately. We remain defensive in our high yield positioning for two reasons, one macro in nature while the other involves dynamics within the market itself. What they have in common is an underpricing of risk and a need to focus on “quality.”
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Trade finance refers to loans that provide short-term financing to support the physical flow of goods.
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US tax bill could hike taxes of foreign holders of US assets.
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President Javier Milei’s severe austerity package has helped tame the country’s chronic inflation crisis.
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How has quantitative investing demonstrated resilience during market volatility, including the recent disruptions?
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Yet a series of storm clouds are gathering that could spark modest profit-taking of around 5 percent in the summer. Such a correction would be healthy, in our view, reducing some of the recent froth and shaking off weak hands.
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Most municipalities used Covid stimulus wisely and are prepared for cuts in federal funding.
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Headline nonfarm payrolls rose by a stronger-than-expected 139,000 jobs in May (consensus at 126,000, Federated Hermes at 77,000), as tariff uncertainty and fiscal policy confusion did not confirm disappointing whisper numbers last month.
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With markets settling down after the wild ride of the past several months, a very natural behavioral response has been gripping many investors and, especially, market strategists.
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Treasury yields spiked once again as the federal budget and deficit took center court, but this time other forms of fixed income investment benefitted by comparison to their associated risk-free rates.
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The Short Term Investments Committee (STIC) is a collection of Federated Hermes investment professionals with in-depth experience investing across the 0-3-year part of the yield curve.
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Long a laggard, the healthcare sector has catalysts for outperformance.
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Underlying economic growth was solid in the first quarter, with personal consumption, corporate spending and housing all stronger than expected.
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Federal payrolls have declined by only 26,000 jobs over the past three months through April.
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It was a big week for US macro data this week, with GDP, earnings and the JOLTS report all going live.
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Bonds do their job during the first 100 days of uncertainty
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Trump's attacks make it harder for the Fed Chair to steer the economy through the storm.
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The US dollar's recent decline isn't a sign it will relinquish its status as the reserve currency.
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Over the next 12-18 months, we anticipate several positives: lower tariffs, decreasing interest rates and Treasury yields and expanded tax cuts.
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Equity market neutral strategies offer potential for shelter amid volatility.
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Creditors must weigh the benefits and risks of Trump's push for looser rules.
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The sell-off and rebound don't mean investors can’t weather volatility.
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US Treasury yields increased sharply after falling leading up to and immediately after the April 2 tariffs announcement.
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Maintaining our moderate equity overweight as we slip past the reefs.
Read More It has been a tumultuous week for global markets, with major indices see-sawing.
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The stability of the money markets is shining amid the greater financial turbulence.
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Bonds display quiet strength as markets back away from risk.
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Total market uncertainty has now been replaced with at least some semblance of recognition of the parameters of a new global trading paradigm.
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Calculated well before the tariff announcement, the US added a robust 228,000 jobs in March.
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The latest episode in the long-running US trade policy saga sparked a global sell-off this week.
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The bond market is a rational voice amid the panic caused by Trump’s tariffs.
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With markets selling off big time following yesterday’s tariff announcements, we have finally hit the entry level.
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Trump’s reciprocal tariffs are more aggressive than the markets were expecting.
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The growth of money market mutual funds since the Federal Reserve first hiked rates in 2022 has been something to behold.
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With peak tariff uncertainty behind us, we think stocks should grind higher.
Read More1as of 3/31/26