Federated Investors, Inc. to Expand Global Distribution through Agreement with RJ Delta

  • Six Federated Funds Approved for Use by Chilean Pension Funds
  • Raymond James Subsidiary to Leverage Regional Relationships

(PITTSBURGH, Pa., 03/06/2014 02:59 PM) — Federated Investors, Inc. (NYSE: FII), one of the largest investment managers in the United States, announced that it has reached a marketing services agreement with RJ Delta Fund Management, a Buenos Aires, Argentina-based subsidiary of Raymond James.  RJ Delta’s clients include leading pension funds, institutional investors and institutional wealth managers.  RJ Delta will focus on distribution of Federated equity and fixed-income products for investment by pension funds in Chile.

Under the agreement, RJ Delta will market six products approved by the Comisión Clasificadora de Riesgo for investment by pension funds in Chile: Federated Emerging Market Debt Fund, Federated InterContinental Fund, Federated Institutional High Yield Bond Fund, Federated International Leaders Fund, Federated Strategic Value Dividend Fund and Federated Prime Value Obligations Fund. 

The agreement expands Federated’s global distribution capabilities by building upon RJ Delta’s extensive connections in the $200 billion Chilean pension market.  “Through our agreement with RJ Delta, Federated has taken another step in growing our global presence, where Federated has $21 billion of assets under management,” said Gordon J. Ceresino, president of Federated International Management Limited. “We anticipate that the availability of Federated strategies in Chilean pension funds will serve as an entry point for broader long-term distribution throughout Latin America.”

The arrangement with RJ Delta is intended to complement Federated’s other global growth initiatives, including expanding Canadian distribution, growing Europe and U.K. operations and distribution, and developing a presence in the Asia-Pacific region. “RJ Delta looks forward to the opportunity to represent Federated as the firm’s Chilean distributor,” said Gabriel Ruiz, chief executive officer of RJ Delta.  “Federated’s 58 years of experience as an investment manager, its product diversification and its consultative approach to client relationships are ideally suited to the Chilean pension markets.”

Federated Investors, Inc. is one of the largest investment managers in the United States, 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 worldwide 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.

RJ Delta Fund Management is a wholly owned subsidiary of Raymond James Financial with more than $600 million in assets under management.  Established in 2005, RJ Delta specializes in the management and administration of third-party assets, either through mutual funds or specific services developed for individual clients.


Certain statements in this press release, such as those related to the expansion of Chilean, Latin American and Canadian distribution, growing European and U.K. operations and distribution, and developing a presence in the Asia-Pacific region, 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 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 possibility that Federated does not successfully establish, receive regulatory approval for investment offerings in a manner or timetable described above or expand its presence in Chilean and Latin American markets, as well as the risk factors discussed in Federated’s annual and quarterly reports as filed with the Securities and Exchange Commission and the annual and semi-annual financial reports of the Federated International Funds plc.  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.

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