Federated Hermes launches Global Short Duration Bond fund just as asset class booms

Responding to ‘increased investor demand’

Federated Hermes is tapping into the recent rush on short dated bond funds with the launch of its own mandate, overseen by Ihab Salib, head of international fixed income, and Nicholas Tripodes head of low duration and structured products group.

The Federated Hermes Global Short Duration Bond fund will aim to give investors the ability to "take a step further along the yield curve from liquidity products", all while maintaining a lower exposure to interest rate and credit risk than intermediate and long-duration fixed income offerings. 'Sweet spot' for short dated bonds as volatility grows and sales triple Demand for short-dated bond funds has ramped up in the past six months, as Investment Week revealed yesterday (24 June) that global net sales of this type of asset hit £91bn in the past six months, a three-fold increase on ...