Kunjal Gala to become lead GEM fund manager at Federated Hermes as Greenberg steps back

Gary Greenberg to retire in 2022

Lauren Mason
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Kunjal Gala of Federated Hermes
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Kunjal Gala of Federated Hermes

Gary Greenberg, lead manager of the Hermes Global Emerging Markets and Hermes Global Emerging Markets SMID Equity funds, will step back from day-to-day portfolio management duties from September 2020 and hand over the reins to colleague Kunjal Gala, who has co-run both funds alongside Greenberg since 2016 and 2018 respectively.

Greenberg will remain global head of emerging markets at Federated Hermes and will oversee asset allocation, stock selection and team management duties until he retires in 2022 - a date that was first...

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