Federated(US:FHI)2025-04-25 19:40Company Overview - Federated Hermes manages $839.8 billion in assets, including $202.7 billion in long-term managed assets: $80.9 billion in equity, $99.5 billion in fixed income, $19.4 billion in alternative/private markets, and $2.8 billion in multi-asset [12] - The company's total revenue for Q1 2025 was $423.5 million [14] - Liquidity assets under management are $637.1 billion [10, 17] Q1 2025 Highlights - Earnings per share were $1.25 [20] - Equity assets increased by $1.5 billion, a 2% rise from $79.4 billion at the end of 2024 [20] - Fixed-income assets increased by $1.4 billion, a 1% rise from $98.1 billion at the end of 2024 [22] - Liquidity assets increased by $6.8 billion, a 1% rise from $630.3 billion at the end of 2024 [22] Revenue Diversification - Revenue less distribution expense was $168 million in Q1 2013 and $324 million in Q1 2025 [25] - Money market funds contribute an average of 34% to revenue less distribution expense, with a high of 61% and a low of 13% [24] - Equity contributes an average of 43% to revenue less distribution expense, with a high of 56% and a low of 27% [24] - Fixed income contributes an average of 18% to revenue less distribution expense, with a high of 25% and a low of 11% [24] - Alternative/private markets and multi-asset contribute an average of 9% to revenue less distribution expense, with a high of 19% and a low of 6% [24] Asset Distribution - U S Financial Intermediaries account for 67% of total assets under management [27] - U S Institutional accounts for 26% of total assets under management [27] - International accounts for 7% of total assets under management [27]