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

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.

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Partner Insight: Markets hold steady amid uncertainty

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund, provides an overview of the macroeconomic environment and outlines his views across the strategy’s main alpha sources. Despite geopolitical tensions and economic concerns, market sentiment remains resilient, with short-lived volatility spikes and credit spreads rallying in recent weeks. Against this backdrop, he highlights why his highest conviction forex position is a short US dollar against a basket of emerging market currencies.

Mike Riddell, portfolio manager of Fidelity Strategic Bond Fund

22 July 2025 • 5 min read