US EditionFederated Hermes closes two sustainable funds as portfolio manager exits firm
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Federated Hermes closes two sustainable funds as portfolio manager exits firm
Federated Hermes has closed two funds within its sustainable fund line-up due to poor performance, while portfolio manager Ingrid Kukuljan (pictured) has left the firm. The investment manager informed shareholders on 30 April that two of its funds – the Impact Opportunities Equity fund and the Biodiversity Equity fund – would close, effective from 3 June 2025. Kukuljan, who has led the Impact Opportunities fund since September 2020 and the Biodi…
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