Federated Hermes (FRA:3KC) PensionAndRetirementBenefit : €0 Mil (As of Mar. 2024)

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What is Federated Hermes PensionAndRetirementBenefit?

Federated Hermes's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was €0 Mil.

Federated Hermes PensionAndRetirementBenefit Historical Data

The historical data trend for Federated Hermes's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Federated Hermes PensionAndRetirementBenefit Chart

Federated Hermes Annual Data

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PensionAndRetirementBenefit

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Federated Hermes Quarterly Data
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Federated Hermes PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Federated Hermes (FRA:3KC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Federated Hermes Inc (FRA:3KC) » Definitions » PensionAndRetirementBenefit

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Traded in Other Exchanges

FHI:USA

Address

1001 Liberty Avenue, Pittsburgh, PA, USA, 15222-3779

Website

https://www.federatedhermes.com

Federated provides asset management services for institutional and individual investors. The company had $715.2 billion in managed assets at the end of September 2023, composed of equity (11%), multi-asset (less than 1%), fixed-income (13%), alternative (3%), and money market (73%) funds. That said, the firm's cash-management operations are expected to generate around 46% of Federated's revenue this year, compared with 31%, 12%, and 11%, respectively, for the firm's equity, fixed-income, and alternatives/multi-asset operations. From a channel perspective, the company's products are distributed via trust banks, wealth managers and retail broker/dealers (63% of AUM), institutional investors (27%), and international clients (10%).

Federated Hermes (FRA:3KC) Headlines

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