Trending...
- Omnitronics launches Ecosystem Health Dashboard to enable proactive monitoring across dispatch environments
- Anamorphic 3D Only Works on Fixed Screens. Loud! OOH Put It on a Moving Ad Van for Flood Re
- Nola Blue Records Announces New Album from Sherman Holmes
PITTSBURGH, Sept. 26, 2024 ~ Federated Hermes, Inc. has recently announced the launch of their newest investment strategy, the Federated Hermes MDT Mid Cap Growth Collective Investment Fund. This fund is specifically designed for qualified retirement plan investors and aims to achieve capital appreciation by investing in a diversified portfolio of US mid-cap growth companies.
The company's stock-selection process for this fund is unique and utilizes cutting-edge research, technology, and daily data from multiple market cycles. This approach removes subjective and emotional influences from the stock-selection process, providing investors with a disciplined, testable, and repeatable strategy.
The trust for this fund is managed by Great Gray Trust Company, LLC (Great Gray), a leading provider of collective investment trusts (CITs) to the retirement plan market. Through this new CIT, Great Gray will offer retirement plan investors access to Federated Hermes MDT's experience in seeking alpha from multiple sources, setting it apart from other growth strategies.
More on The PennZone
President of Federated Securities Corp., Paul Uhlman, expressed his excitement about the launch of this new CIT. He stated that their MDT strategies have seen continued interest in the retirement market and that they are pleased to offer another vehicle for clients to access their investment team's capabilities. Uhlman also mentioned that this new mid-cap growth CIT is a testament to their growing global investment platform capabilities and their commitment to providing diverse investment solutions to institutional investors.
The fund will be managed by a highly experienced portfolio management team consisting of Daniel Mahr, CFA as Head of the MDT Group with 22 years of experience; Damien Zhang, CFA as Head of MDT Research with 15 years of experience; Frederick Konopka, CFA as Portfolio and Trading Manager with 27 years of experience; and John Paul Lewicke as Research Manager with 17 years of experience. This team also manages over $10 billion in several other Federated Hermes MDT mutual funds, ETFs, institutional separate accounts, and separately managed accounts (SMAs).
More on The PennZone
This new fund marks Federated Hermes' first equity CIT and complements their four fixed-income CITs with Great Gray. These include the Federated Hermes Total Return Bond Collective Investment Fund, Federated Hermes High Yield Bond Collective Investment Fund, Federated Hermes Prime Cash Collective Investment Fund, and Federated Hermes Unconstrained Credit Collective Investment Fund. Additionally, since 1986, the company has also offered a stable value CIT called the Federated Hermes Capital Preservation Fund, which is trusteed by Federated Investors Trust Company.
Federated Hermes, Inc. is a global leader in active and responsible investment management with over $782 billion in assets under management as of June 30, 2024. They offer a wide range of investment solutions including equity, fixed-income, alternative/private markets, multi-asset, and liquidity management strategies to over 10,000 institutions and intermediaries worldwide. Their clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. With headquarters in Pittsburgh and offices worldwide in London, New York, Boston and more than 2,000 employees globally. For more information about Federated Hermes' investment solutions visit their website at FederatedHermes.com/us.
The company's stock-selection process for this fund is unique and utilizes cutting-edge research, technology, and daily data from multiple market cycles. This approach removes subjective and emotional influences from the stock-selection process, providing investors with a disciplined, testable, and repeatable strategy.
The trust for this fund is managed by Great Gray Trust Company, LLC (Great Gray), a leading provider of collective investment trusts (CITs) to the retirement plan market. Through this new CIT, Great Gray will offer retirement plan investors access to Federated Hermes MDT's experience in seeking alpha from multiple sources, setting it apart from other growth strategies.
More on The PennZone
- Black Ribbon Productions Launches With Fearless 2026 Horror Slate
- Actor Dominic Pace Returns to Television and Film
- Opteamix welcomes Girish Ramachandra to its leadership team as Senior Vice President of Client Services
- Silicon Box Ships 500M Units at High Yield, Expands Production Capacity for Panel-Level Packaging
- Bethany Nikitenko Appointed to Philadelphia Trial Lawyers Association Board of Directors
President of Federated Securities Corp., Paul Uhlman, expressed his excitement about the launch of this new CIT. He stated that their MDT strategies have seen continued interest in the retirement market and that they are pleased to offer another vehicle for clients to access their investment team's capabilities. Uhlman also mentioned that this new mid-cap growth CIT is a testament to their growing global investment platform capabilities and their commitment to providing diverse investment solutions to institutional investors.
The fund will be managed by a highly experienced portfolio management team consisting of Daniel Mahr, CFA as Head of the MDT Group with 22 years of experience; Damien Zhang, CFA as Head of MDT Research with 15 years of experience; Frederick Konopka, CFA as Portfolio and Trading Manager with 27 years of experience; and John Paul Lewicke as Research Manager with 17 years of experience. This team also manages over $10 billion in several other Federated Hermes MDT mutual funds, ETFs, institutional separate accounts, and separately managed accounts (SMAs).
More on The PennZone
- Why Baton Rouge's Humid Climate Can Contribute to Carpenter Ant Damage — J&J Exterminating Explains How to Protect Your Home
- Meals on Wheels of the Greater Lehigh Valley Awarded $50,000 Grant from Harry C. Trexler Trust
- RPR Promotes Emily Line to Chief Strategy Officer and Janine Sieja to Chief Product Officer
- Kellyn Hosts Fourth Lehigh Valley Lifestyle Medicine Symposium
- Expanding Beyond Space as New Drone Market Opportunities Accelerate Growth: Ascent Solar Technologies (N A S D A Q: ASTI)
This new fund marks Federated Hermes' first equity CIT and complements their four fixed-income CITs with Great Gray. These include the Federated Hermes Total Return Bond Collective Investment Fund, Federated Hermes High Yield Bond Collective Investment Fund, Federated Hermes Prime Cash Collective Investment Fund, and Federated Hermes Unconstrained Credit Collective Investment Fund. Additionally, since 1986, the company has also offered a stable value CIT called the Federated Hermes Capital Preservation Fund, which is trusteed by Federated Investors Trust Company.
Federated Hermes, Inc. is a global leader in active and responsible investment management with over $782 billion in assets under management as of June 30, 2024. They offer a wide range of investment solutions including equity, fixed-income, alternative/private markets, multi-asset, and liquidity management strategies to over 10,000 institutions and intermediaries worldwide. Their clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers. With headquarters in Pittsburgh and offices worldwide in London, New York, Boston and more than 2,000 employees globally. For more information about Federated Hermes' investment solutions visit their website at FederatedHermes.com/us.
0 Comments
Latest on The PennZone
- Working Musicians Academy Partners with Black Dog Music Partners to Give Musicians Independent, Income-Producing Careers
- Omnitronics launches Ecosystem Health Dashboard to enable proactive monitoring across dispatch environments
- New Research Identifies "The Great Junk Transfer": 49% of Americans Would Rather Inherit Nothing Than Sort Through a Relative's Belongings
- Minus K Technology launches it Educational Giveaway for Universities and Colleges in the USA
- UK Financial Ltd Verifies Maya Preferred PRA Circulating Supply, Proving Its Eight-Year Promise of Under 1M Tokens After Chainlink Labs Agreement
- Anamorphic 3D Only Works on Fixed Screens. Loud! OOH Put It on a Moving Ad Van for Flood Re
- From DJ Booths to Disney: Orlando Author Ryan Tiffin Launches "Chasing Magic"
- Nola Blue Records Announces New Album from Sherman Holmes
- FDA Food Recall Notices After Outbreak Linked to 98 Hospitalizations: Practical Tips for Safer Grocery Shopping
- The 'Tax Squeeze': Betsson's Record Quarter Previews the Economics of Finland's 2027 Casino Market
- Colonial Nissan Helps Multiple Generations of the Community Find Their Next Vehicle
- ImagineX Acquires Payteros to Strengthen Digital Transformation Capabilities
- From Pizza to Playlists: Marty The Pizza Guy Delivers Three Delicious New Songs
- CAPO Supply Launches New Website Serving Western Pennsylvania and Eastern Ohio
- Meals on Wheels of the Greater Lehigh Valley Receives $15,000 PPL Foundation Grant to Expand Access
- Salestrics Introduces PraiseEngine: The AI-Native Review Engine Built to Fix Social Proof
- BTAQ Unveils Easier Photo Upload Capabilities
- K2 Integrity Names Michael Kallabat Global Head of Investigations and Disputes
- WebDrafter Highlights How AI Search Is Reshaping Online Visibility
- Socialhose Eyes Southeast Asia and Rejects the Copy-Paste Expansion Playbook