US asset manager Federated Hermes joins wave of finance firms setting up in Hong Kong

South China Morning PostCenter-RightEN 2 min read 100% complete by Themis QiJanuary 26, 2026 at 01:30 AM

AI Summary

medium article 2 min

US asset manager Federated Hermes is establishing a Hong Kong office to capitalize on opportunities in Asian markets. The move, approved by the board and pending regulatory approval, follows CEO Chris Donahue's indication last year of considering a presence in the city. Federated Hermes aims to better serve its clients locally, as Hong Kong becomes an increasingly important capital hub for China. This expansion, driven by client feedback and growing demand for asset diversification amid geopolitical tensions, will complement the firm's existing offices in Singapore, Tokyo, and Sydney. The company managed $871.2 billion in assets as of September.

Key Entities & Roles

Key Player Opposition Context

Singapore 30% Jane Street 40% Qube Research & Technologies 40% Asia Pacific 40% Securities and Futures Commission 50% Jim Roland ×250% Chris Donahue 50% United States ×360% Asian Financial Forum (AFF) ×260% China 60% Hong Kong ×690% Federated Hermes ×590%

Keywords

asset management 90% hong kong 90% federated hermes 80% financial institutions 70% asia markets 70% global geopolitical tensions 60% investment 60% asset diversification 50% us equities 50% capital hub 40%