Federated Hermes Unveils Plans for Hong Kong Office
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US asset manager Federated Hermes plans to open a new office in Hong Kong as part of its strategic expansion in the Asia Pacific region. This announcement was made during the Asian Financial Forum and is subject to regulatory approvals. The firm aims to strengthen relationships with private banks, family offices, and institutional investors, focusing on a consultative distribution model. Jim Roland, head of distribution for APAC, emphasized the importance of localized service in the growing wealth market. Federated Hermes has been present in the APAC region since 2010, with existing offices in Singapore, Tokyo, and Sydney.
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