European Investors Shun Asset Managers Over ESG Concerns: Federated Hermes CEO
ByAinvest
Thursday, Nov 6, 2025 4:50 am ET1min read
FHI--
Federated Hermes CEO Chris Donahue says asset managers losing ESG mandates in Europe, citing BlackRock and PFZW as examples. US managers face a balancing act between Trump's "woke" stance and EU's ESG laws. Federated Hermes has won mandates from large investors in Belgium, UK, and the Middle East, despite its lower private markets unit assets of $19 billion.

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