Federated Hermes, Inc. reported record assets under management of $912 billion [1] in its second-quarter 2026 earnings report.
The results signal strong institutional demand and growth in equity and fixed income sectors during a period of volatile global markets.
Based in Pittsburgh, Pennsylvania, the company disclosed a profit of $104.3 million [4] for the quarter that ended June 30, 2026 [6]. Earnings per share for the period were $1.38 [5]. The firm held its earnings call on July 30, 2026, after the market closed [7].
A key driver of the firm's current trajectory is the volume of new business. Federated Hermes said it outlined $3.4 billion [2] in net institutional wins that are yet to fund. This pipeline of capital suggests continued growth in the coming months as those commitments are finalized.
The company's portfolio diversity also played a role in its record performance. Equity assets reached $110 billion [3], contributing to the firm's ability to outperform peers in both equity and fixed income categories.
These figures reflect a period of expansion for the investment manager. By scaling its assets under management and securing significant institutional wins, the firm has strengthened its position in the competitive asset management landscape.
“Federated Hermes reported record assets under management of $912 billion”
The record AUM and the $3.4 billion in unfunded institutional wins indicate that large-scale investors are increasing their trust in Federated Hermes' active management. This growth, particularly in equity and fixed income, suggests the firm is successfully capturing market share from competitors while maintaining a healthy profit margin per share.
