Trending...
- Collectibles EvoRelic Celebrates Stellar 4.8-Star Customer Rating
- YieldOMega Launches $DOUB Airdrop Campaign Ahead of TimeCurve Launch
- Brewtay Coffee Partners with Alex's Lemonade Stand to Fuel Penn Wynne Volunteers
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
- Vinnie Rocco Opens AgentiX Minds To Help Business Owners & Execs Learn AI Agents
- Color Card Administrator Highlights Growing Enterprise Demand for Operational Infrastructure in Business Card Identity Governance
- American Properties Celebrates Grand Opening and Ribbon Cutting Ceremony at Heritage at South
- MoMojo Records signs Arlen Roth; "Blues Grass" slated for August 7, 2026 release
- Crosswalk Ministries USA Announces 2026 Child and Family Well-Being Conference in Stockbridge, Georgia
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
- Autism Podcast Helps Parents Understand Why Behavior Is Communication, Not Defiance
- Filmmaker Preston A. Dent to Premiere "Harrisburg-The Movie" at Whitaker Center for the Arts
- Pollock Begg Family Law Attorneys Earn 2026 Pennsylvania Super Lawyers Honors at Every Level
- Research reveals "The Borderless Pay Standard," a 48-point gap between multinational employers and workers on transparent pay expectations
- Global.ai Appoints Freedomtech Solutions as Specialist Partner for Agentic AI
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.
Filed Under: Business
0 Comments
Latest on The PennZone
- Robert J. Bradshaw's AYE is a Gripping Dual Reality Thriller Exploring the Increasingly Blurred Line Between Humanity and Technology
- Bangxing Silicone Revolutionizes Silicone Baby Product Partnerships: Low MOQ Support + VIP Long-Term Win-Win Programs
- JFAB Consulting Elevates Brand with New Identity and Digital Experience
- SteelTree Announces Launch of Its Operational Decision Intelligence Service
- Advanced AI Capabilities Reflected by Upcoming Company Name and Stock Symbol Change for Evolving Pre-Owned Boat Dealer: Off The Hook YS: N Y S E: OTH
- AI-Driven Defense Expansion, Autonomous Systems and Israeli Aerospace Manufacturing Platform: VisionWave Holdings (N A S D A Q: VWAV)
- AI Predicts the Most Likely 2026 FIFA World Cup Winner
- The AI Production Shift: Why Game Development Is Entering Its Most Accelerated Phase
- World-First AI Humanoid Robot Debuts on Cherie Barber's Ground-breaking Australian Reno Show
- New Survey Reveals America's Most Feared Bridges for Cyclists — Golden Gate Tops the List
- Raymond Lavine, Extended Care Benefits Advisor and Author, to Appear on National Television Series Moving America Forward
- NaturismRE Launches Structured Nudism & Naturism Encyclopedia, Aiming to Reframe Public Understanding
- AiBT Advisory Launches AI Deployment Firm for the Mid-Market Companies Big AI Left Behind
- AI Is Closing the Gap Between Offshore Virtual Assistants and Onshore Staff
- CCHR Highlights Concerns Over Coercive and Failed $140 Billion Mental Health Practices at Psychiatric Convention
- Avery Headley Leads Major Stabilization and Modernization Initiative Across Bronx Affordable Housing Portfolio
- NewReputation's AI Sentiment Analysis Tool Reaches 2,500 Users as Businesses Demand Clearer Brand Intelligence
- CAPO Supply Announces Opening of Second Location in New Castle, Pennsylvania
- $224 Billion Growing Market in Life Settlements Presents Major Opportunity for New Policy Acquisition Business Plan: DLT Resolution Stock Symbol: DLTI
- Fyt-02 Launches on Kickstarter The Smart Sensor That Turns Any Chair Into a Posture & Movement Track