Federated Hermes, Inc.'s (FHI) continued strategic acquisition of money market assets supports assets under management (AUM) growth. However, escalating expenses and a significant dependence on net investment advisory fees are worrisome. Shares of this Zacks Rank #3 (Hold) company have gained 4.4% compared with the industry's growth of 8.5% in the past three months. Image Source: Zacks Investment Research Factors Driving Federated Stock Acquiring money market assets depicts the buoyancy of Federated in the ...