Federated Hermes, a New York-listed asset-management firm, plans to set up a Hong Kong office to seize opportunities in Asia’s markets amid ongoing global geopolitical tensions.
The company confirmed the move a year after CEO Chris Donahue said at the Asian Financial Forum (AFF) that the Pittsburgh-headquartered firm was considering a presence in the city. The plan had now won board approval and would be announced during this year’s AFF, which kicks off on Monday, the company said. The plan…
US asset manager Federated Hermes joins wave of finance firms setting up in Hong Kong
