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Majority of ESG flows coming from PB DPM channel: Federated Hermes

Private banking clients are investing in high-yield and equity funds with a large degree of active ESG involvement, according to the manager of US$625 billion in AUM. Speaking to Asian Private Banker, Jakob Nilsson, head of distribution, Asia-Pacific at Federated Hermes, said the SDG Engagement High Yield Credit and Equity funds were among the top sellers in the thematic ESG…

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