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Stock impact report

Federated Hermes announces promotion of Mark Weiss to head of Prime Liquidity Group [Yahoo! Finance]

Federated Hermes, Inc. (FHI) 
Last federated hermes, inc. earnings: 4/30 04:17 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Mark Weiss, CFA, senior portfolio manager, to head of the Prime Liquidity Group. The move becomes effective with the retirement of Paige Wilhelm, senior portfolio manager and current head of the group, on July 1, 2026. Weiss will be responsible for portfolio management and research related to prime money market investment strategies, which represent $242.7 billion in assets, as of Dec. 31, 2025. Prime money market funds and separate accounts invest in portfolios of short-term, high-quality fixed-income securities issued by banks, corporations and the US government. They typically offer higher yields than money market funds and separate accounts that invest primarily in government securities. "Mark brings more than 28 years of trading, research and portfolio management expertise to his new role," said John Fisher, president and CEO of Federated Advisory Companies. "He has accumulated a wealth of experience in various analyst and portfolio management responsibilities, and as a senio Show less Read more
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