Federated Hermes Inc (NYSE:FHI)
$ 42.84 -0.02 (-0.05%) Market Cap: 3.50 Bil Enterprise Value: 3.39 Bil PE Ratio: 13.77 PB Ratio: 3.23 GF Score: 97/100

Federated Investors Inc at Bank of America Merrill Lynch Future of Financials Conference Transcript

Nov 06, 2019 / 04:20PM GMT
Release Date Price: $33.74 (-0.88%)
Michael Roger Carrier
BofA Merrill Lynch, Research Division - Director

We're going to get started with our next session. It's my pleasure to introduce our next company, Federated Investors. With us today is Chris Donahue, President and CEO. Chris has been in his current role since 1998, and he focuses on the firm's long-term strategy and goals. And prior to his current role, he was Chief Operating Officer. We also have up here, Ray Hanley, who all of you probably know. He's been at the firm for a long time. And most of the interactions with us as the Head of Investor Relations.

So Federated is a leading asset manager. I think a lot of us know them on the money market side, but if you look at over the years, they've been increasing their business on the long-term side, whether it's in equities and fixed income. And most recently, on the equity side with the 60% interest in Hermes. So guys, thanks for being here today.

John Christopher Donahue;Raymond J. Hanley<
Federated Investors, Inc. - President, CEO & Chairman

Thank you.

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