Operator
Greetings and welcome to the Federated Hermes, Inc s First Quarter 2021 Analyst Call and Webcast Conference Call. [Operator Instructions] [Operator Instructions]
I would now like to turn this conference over to your host Mr. Ray Hanley, President of Federated Investors Management Company. Thank you sir, you may begin.
Ray Hanley
President of Federated Investors Management Company
Thank you. Good morning and welcome. Leading today s call will be Chris Donahue, President and CEO of Federated Hermes; and Tom Donahue, Chief Financial Officer. And joining us for the Q&A are Saker Nusseibeh and Debbie Cunningham. Saker is the CEO of our International Business and Debbie is the Chief Investment Officer for Money Market. During today s call, we may make forward-looking statements and we want to note that Federated Hermes actual results may be materially different than the results implied by such statements. Please review the risk disclosures in our SEC filings.
CAMRADATA Live activity: The vaccine jolt for emerging markets
Mithursha Kesavan.
The economic recovery that is expected for 2021 may give hope for emerging markets investors. The rapid rollout of Covid-19 vaccines means nations with developing economies are now able to vaccinate at a faster rate and this, hopefully, should have a positive impact on the sector.
In CAMRADATA Live, the top asset classes by investor research activity in the last three months to 31 December last year shows that emerging markets equities were fourth in the ranking. The investors were primarily pension funds at 90% and insurance companies at around 10%.
Looking at the top five asset managers’ selected products, Aberdeen Standard Investments came top for this particular asset class. However, in the past year, the top-performing firm for emerging markets equities has been Artisan with its Artisan Developing World vehicle. This gave an absolute return of 83.46% with a standard deviation of 22.73%.