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U.S. asset management firm Federated Hermes has officially opened its Hong Kong office to expand its business in the Asia-Pacific region.
U.S. asset management firm Federated Hermes has officially opened its Hong Kong office to expand its business footprint in the Asia-Pacific region. As of September, the firm's assets under management (AUM) reached $884 billion. Jim Roland, Head of Business Development for Asia-Pacific and Australia, stated that Hong Kong serves as a premier wealth and asset management hub, and the new office will deepen the company's partnerships with private banks, family offices, and institutional investors.
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