Investments (Tables)

12 Months Ended

Dec. 31, 2024

Investments, Debt and Equity Securities [Abstract]

Schedule of Gains and Losses Recognized in Gain (Loss) on Securities, Net

The following table presents gains and losses recognized in Gain (Loss) on Securities, net on the Consolidated Statements of Income in connection with Federated Hermes’ investments:

(in thousands)	2024		2023		2022
Investments—Consolidated Investment Companies
Net Unrealized Gains (Losses)	$	589	$	8,969	$	(7,896)
Net Realized Gains (Losses)1	538		(1,734)		(7,333)
Net Gains (Losses) on Investments—Consolidated Investment Companies	1,127		7,235		(15,229)
Investments—Affiliates and Other
Net Unrealized Gains (Losses)	3,340		4,454		(16,487)
Net Realized Gains (Losses)1	2,136		1,492		3,020
Net Gains (Losses) on Investments—Affiliates and Other	5,476		5,946		(13,467)
Gain (Loss) on Securities, net	$	6,603	$	13,181	$	(28,696)

1    Realized gains and losses are computed on a specific-identification basis.