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Showing 1 - 10 of 55 results for "Hermes"

Luxury fashion house sued over Birkin bag sales

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
Hermes is facing an antitrust class action which alleges it only allows customers with "sufficient purchase history" to buy the infamous Birkin handbags. The French luxury fashion house is being sued in California in a case that claims sales associated ...

Perpetual adds director, institutional business

ELIZABETH FRY  |  MONDAY, 11 MAR 2024
... all asset classes," Lambos said. Before joining the HMC Capital, Hillyar worked in similar roles at abrdn and Federated Hermes. She was previously a director of institutional distribution and an investment specialist at MLC Investment Management. Earlier ...

Federated Hermes names international sales head

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
Federated Hermes has appointed an international sales head, responsible for all sales activities across Asia Pacific, Europe, and the Middle East. The investment manager selected Clive Selman for the role of international head of sales. Selman was formerly ...

Federated Hermes secures $486m for private equity fund

ANDREW MCKEAN  |  WEDNESDAY, 12 JUL 2023
Federated Hermes has closed its fifth private equity co-investment fund (PEC V), exceeding its initial fundraising target by a substantial margin. The fund, which was launched in December 2021 with a target of $400 million, closed last month with a ...

HMC Capital adds director, institutional capital

ELIZABETH FRY  |  MONDAY, 23 JAN 2023
... joining the alternatives investment firm, Hillyar worked in London in similar roles at Abrdn and most recently Federated Hermes. She was was previously a director of institutional distribution and an investment specialist at MLC Investment Management. ...

US inflation hits one-year low

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... message the reality is that by and large FOMC members do not believe there is much more left to do." Meanwhile, Federated Hermes senior economist Silvia Dall'Angelo said CPI figures confirmed a downward trend in inflation, largely endorsing the Fed's ...

US inflation drops to 8.5%

CASSANDRA BALDINI  |  THURSDAY, 11 AUG 2022
... key determinants of whether the Fed chooses to hike rates by 50bp or 75bp at their next meeting." Meanwhile, Federated Hermes pointed out the obvious, saying inflation remains uncomfortably high. "Looking ahead, recent developments in energy prices suggest ...

Luxury collectables break records

CHLOE WALKER  |  MONDAY, 27 JUN 2022
Millions of dollars of Rolex watches, Louis Vuitton and Hermes handbags, high-end shoes, jewellery, and other opulent items broke records recently at Lloyds Auctions, in one of the biggest luxury designer auctions ever. Over 350 pieces of high-end watches ...

AIST names Rising Star

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
... future of our industry's investments will benefit from her talent and leadership." The award is sponsored by Federated Hermes. Stuart will now undertake the Harvard Business School Real Estate Management Program which aims to strengthen strategic decision-making ...

CFS awards stewardship mandate

JAMIE WILLIAMSON  |  TUESDAY, 3 MAY 2022
Colonial First State has appointed EOS at Federated Hermes for proxy advisory services. EOS at Federated Hermes will provide engagement, voting and public policy support for Colonial First State's global equity investments. "We believe that active ownership ...
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