Federated Investors, Inc., Expands Alternatives/Managed-Risk Group

(PITTSBURGH, Pa., 02/05/2014 07:48 AM) — Federated Investors, Inc. (NYSE: FII), one of the nation’s largest investment managers, today announced it has hired Michael T. Dieschbourg to head the company’s alternatives/managed-risk investment group.  Dieschbourg will serve as managing director and senior vice president and will report to Stephen F. Auth, chief investment officer for global equities.

“Michael’s management experience and deep knowledge of managed-risk portfolios from both the perspective of an investment manager and a consultant make him an ideal leader for our recently formed alternatives/managed-risk investment group,” said Auth.  “At Federated, we have found that investment teams focused on solving specific client needs with dedicated research resources brings success.  Our expectation is that Michael’s new investment group will take Federated to the next level in this exciting, quickly evolving area of investment management.”

Dieschbourg joins Federated with more than 25 years of experience in U.S. and global investment management.  He most recently served as senior managing director at Broadmark Asset Management, which specializes in dynamic hedge-fund strategies.  He is the former chief executive officer and global head of environmental, social and corporate governance for Global Currents Investment Management, LLC.  In addition, Dieschbourg spent 18 years in institutional consulting, including five as national director of Smith Barney Consulting Group.  Dieschbourg holds the Certified Investment Management Analyst© designation and earned his bachelor’s degree from Loyola University Chicago.

The new alternatives/managed-risk group, which Dieschbourg will lead, combines two existing teams that have been developing new products in the managed-risk space.

“Over the long term, it is our goal to develop thoughtful outcomes-based portfolios that appeal to institutional investors seeking specific solutions to meet their investment goals.  That investment goal might be, as it has been for the past couple of years, income or managing risk.  In the future, the ability to outperform in a rising-rate environment or to garner additional growth from around the world may be equally as important,” said John B. Fisher, president and chief executive officer of Federated Advisory Companies.  “The alternatives/managed-risk group offers four outcomes-based strategies today and we hope to expand the offerings to provide global portfolio options based on the best investment ideas being managed at Federated.”  

Under Dieschbourg’s leadership, Federated’s alternatives/managed-risk team, comprised of 13 investment professionals, will oversee the management of a series of managed-risk strategies.  Federated has already developed and launched several products including the recently launched Federated Managed Risk Fund, which is designed to seek long-term total return by striving to maintain a diversified mix of investment exposure in various asset classes.  It electively employs a risk-management overlay that seeks to provide lower equity risk during periods of relatively high market volatility and additional equity exposure during periods of relatively low market volatility.

Federated Investors, Inc. is one of the largest investment managers in the U.S., managing $376.1 billion in assets as of Dec. 31, 2013.  With 135 funds and a variety of separately managed account options, Federated provides comprehensive investment management to approximately 6,000 institutions and intermediaries including corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.  For more information, visit FederatedInvestors.com.

###

Federated Securities Corp. is distributor of the Federated funds. 

Separately managed accounts are made available through Federated Global Investment Management Corp., Federated Investment Counseling and Federated MDTA LLC, each a registered investment adviser.

Mutual funds are subject to risks and fluctuate in value.

Past performance is no guarantee of future results.

Investors should carefully consider the fund's investment objectives, risks, charges and expenses before investing. To obtain a summary prospectus or prospectus containing this and other information, contact us or view the prospectus provided on this website. Please carefully read the summary prospectus or prospectus before investing.

International investing involves special risks including currency risk, increased volatility, political risks, and differences in auditing and other financial standards.

Funds may make short sales of securities, which involves unlimited risk including the possibility that losses may exceed the original amount invested.

The use of derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional instruments.

The funds may not achieve their objectives.

Certain statements in this press release, such as those related to goals, business and product and strategy development plans, expectations of success, performance and investment objectives and strategies, constitute or may constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of the company, or industry results, to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements.  Other risks and uncertainties include the ability of the company to predict business needs, investor interest and product and strategy demand, which could vary significantly depending on a variety of factors, including market conditions, investment performance and investor behavior.  Other risks and uncertainties also include the risk factors discussed in the company's annual and quarterly reports as filed with the Securities and Exchange Commission.  As a result, no assurance can be given as to future results, levels of activity, performance or achievements, and neither the company nor any other person assumes responsibility for the accuracy and completeness of such statements in the future.