Sign in

    Robin Holby • TD Cowen

    Robin Holby's questions to Intercontinental Exchange Inc (ICE) leadership

    Robin Holby's questions to Intercontinental Exchange Inc (ICE) leadership • Q4 2024

    Question

    Robin Holby, on behalf of Bill Katz at TD Cowen, inquired about the structural drivers of the strong growth in interest rate volumes and open interest, and the outlook for the business in 2025.

    Answer

    President Benjamin Jackson credited the growth to ongoing investment in their multi-currency complex, particularly the development of options markets and attracting key market participants. He anticipates that policy shifts from new governments globally will continue to drive interest rate volatility and demand for risk management, for which ICE is well-positioned.

    Ask Fintool Equity Research AI

    Robin Holby's questions to FEDERATED HERMES, INC. (FHI) leadership

    Robin Holby's questions to FEDERATED HERMES, INC. (FHI) leadership • Q4 2024

    Question

    Robin Holby, on for Bill Cass, questioned the near-term outlook for portfolio realizations in private markets and when fundraising for new funds would likely offset these distributions.

    Answer

    Saker Nusseibeh, CEO of Federated Hermes Limited, explained that the firm is in a continuous cycle of distributing capital from mature funds while raising new capital for subsequent vintages. He characterized returning assets to clients as a sign of success that encourages re-investment, stating they are currently in a healthy cycle of replenishing and growing assets.

    Ask Fintool Equity Research AI