Latest Manager Research – Page 125
-
White papersThe price of sustainability
Over the past couple of years, sustainable companies aligned with the UN Sustainable Development Goals (SDGs) have underperformed – but for the Federated Hermes Global Equities team, this could be about to change.
-
White papersCentral banks ease pace of hikes as inflation cools
Monetary policy enters a new phase as central banks moderate rate rises amid signs inflation may be slowing.
-
White papersSDG Engagement Equity Q4 2022 case study
Global concession caterer SSP had virtually no sustainability reporting back in 2017. The company has since established a comprehensive sustainability strategy which includes meaningful measurable targets.
-
White papersBeyond reopening: China’s transformation
Reopening and cheap valuations are just a few of the reasons investors should be looking at China next year, says James Cook, Investment Director for Global Emerging Markets at Federated Hermes Limited.
-
White papersProtect, sustain, restore: Why the Amazon matters
Our Biodiversity Equity team explains how investors can play a crucial role in halting and reversing deforestation.
-
White papers2023 emerging market equity outlook: Several catalysts point to a potential rebound
In our analysis, emerging market (EM) equities may have an asymmetric return profile in 2023 given several catalysts, including peaking inflation, the potential for a weaker US dollar, recession risks in the United States and EU, and a shift in policies in China from zero-COVID toward growth. Get Franklin Templeton Emerging Markets Equity 2023 outlook.
-
White papersSpectrum, Q4 2022
A year has passed since our Q4 2021 edition of Spectrum, in which we invited investors to consider the consequences of ‘sticky’ inflation. Suffice to say, a lot has happened since then, and the question of higher-for-longer inflation has been answered in no uncertain terms.
-
White papersClimate Change High Yield Credit Annual Report, 2022
Launched in September 2021, the Federated Hermes Climate Change High Yield strategy aims to outperform the global high yield market by investing with conviction in companies that have strong fundamentals and which demonstrate the potential to decarbonise and transition to a low-carbon world.
-
White papersIndia’s star shines as stocks reach an all-time high
Indian equities surge this year as economy becomes an attractive alternative for investors moving away from China.
-
White papersAlibaba case study
We have engaged extensively with Alibaba on corporate governance, ESG strategy and reporting, and are pleased to see various improvements. There remain important areas of further engagement, including on governance: separation of the chair and CEO, appointment of a lead independent director and improved board director engagement with minority shareholders.
-
White papersChina enters ‘new phase’ of Covid recovery following civil unrest
Just over a month into his unprecedented third term, Chinese president Xi Jinping sees authority tested by wave of political protests in response to Beijing’s stringent Covid-19 restrictions and outcry over media suppression.
-
White papersDelta Electronics case study
The company committed to net zero by 2050, improved its gender diversity on the board from 0% to 25% and set up a zero-placement policy for foreign migrant workers to prevent modern slavery.
-
White papersLandMark Optoelectronics case study
Since our engagement, the company produced its first Corporate Social Responsibility (CSR) report and started to report against the key pillars of the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. The company set short-, medium-, and long-term emission targets and committed to carbon neutrality by 2050.
-
White papersHas China broken the ‘doom-loop’? An Asia credit perspective
The confluence of disinflationary trends taking hold in the US, and a decisive turn in Chinese policy, has broken the doom-loop for Chinese assets and Asian credit which has plagued markets since the third quarter of 2021.
-
White papersFiorino: Leverage will tear us apart, again
Fiorino charts the gravitationally risky path of the UK pension system after it veered dangerously close to the point of implosion.
-
White papersESG Materiality, Q4 2022
In the latest issue we reflect on the 2022 voting season and key trends, including the continued push for greater board independence and diversity across emerging markets.
-
White papersFed: Staying the course until the job is done
FOMC statement and press conference: On 14 December, the Federal Reserve (Fed) hiked the Fed Funds Rate by 50bp to 4.25-4.50%, a step down after four consecutive 75bp rate hikes. This takes the Fed Funds Rate further into restrictive territory.
-
White papersHas the dollar hit its high-water mark?
A weaking dollar raises questions on the future trajectory of Fed monetary policy.
-
White papersEmerging market debt: Darkest before dawn
We expect the US dollar to peak in Q4 2022 and if and when this happens, it will mark a significant downgrade in the strength of headwinds affecting EMD.
-
White papersSustainable Global Equity Report, Q4 2022
With structural pressures driving a higher base level of inflation over the medium term, the need to focus on high-quality, sustainable businesses is stronger than ever, says Martin Todd, Portfolio Manager of the Federated Hermes Sustainable Global Equity strategy.
