Our History

2018
Wind Turbine in the sunset seen from an aerial view

Completed acquisition of a majority interest in Hermes Investment Management, with $47.2 billion in assets under management.  Hermes is a London-based pioneer of investment strategies that consider environmental, social and governance criteria.

Assets Under Management $379.7 B
2017
Glass globe sitting on grass

Became a signatory to the United Nations-supported Principles for Responsible Investment.

Assets Under Management $397.6 B
2016
Man in blue suit with blue striped tie sitting at table next to man in grey suit with paper and pen in hand

Launched the Federated Equity Advantage Fund, a mutual fund that targets micro- to mid-cap stocks of leveraged companies with strong free-cash-flow characteristics.

Assets Under Management $365.9 B
2015
White building with dome and large pillars in front

Began managing West Virginia's $1.2 billion state money market pool.

Assets Under Management $361.0 B
2014
Argentina national flag

Reached an agreement with RJ Delta Fund Management, a Buenos Aires, Argentina-based subsidiary of Raymond James, for distribution of Federated equity and fixed-income products for use by Chilean pension funds.

Assets Under Management $374.0 B
2013
Computer screen with assets on screen

Equity and fixed-income assets reached a then-record $100 billion at year end.

Assets Under Management $376.0 B
2012
Big Ben clock in London with red bus passing by on right

Expanded global footprint through the acquisition of London-based Prime Rate Capital Management, now Federated Investors (UK) LLP.

Statue of Paul Revere

Selected by the Commonwealth of Massachusetts to manage the $9.5 billion Massachusetts Municipal Depository Trust (MMDT).

Assets Under Management $379.0 B
2010
Zoomed in one dollar bill

Federated acquired more than $15 billion in money market assets though transactions with SunTrust Banks, Inc. and Hilliard-Lyons.

Assets Under Management $358.0 B
2008
Split image of brown bear on left and blue balls and a green ball on right

Acquired assets of Prudent Bear Fund and assets related to Clover Capital Management.

Assets Under Management $407.0 B
2007
Photo of Federated sign on a wall

Surpassed $300 billion in total managed assets and increased money market assets to a record $237 billion.

Assets Under Management $301.0 B
2006
Photo of MDT Advisers office, with brown wall with logo on right and white couches in office on left

Acquired $6.7 billion MDT Advisers, a leading quantitative equity manager, which offers a unique, relentlessly disciplined process.

Assets Under Management $237.0 B
2005
Photo of dollar bill with a graph in front of it

Completed acquisition of $19.3 billion in cash management assets from Alliance Capital Management LP.

Federated celebrated its 50th anniversary in the investment business.

Assets Under Management $213.0 B
2003
Federated employees at the stock exchange

Federated's stock was added to the S&P 500 Index, the Standard & Poor's benchmark index of leading companies in major industries. In 2012, the stock was moved to the S&P MidCap 400.

Assets Under Management $197.0 B
2001
Books about Federated and the Kafufmann Fund

Federated began management of the well-known $3.2 billion Kaufmann Fund through an acquisition of its adviser, Edgemont Asset Management.

Assets Under Management $179.0 B
1998
Two men shaking hands in front of eagle statue

Launched venture with German insurer LVM-Versicherungen. LVM continues to offer Federated funds in Germany and other German-speaking countries.

Bull state with Federated's name on it

Federated Investors, Inc. emerged as a publicly traded company on the New York stock Exchange. Federated trades under the stock ticker FII. The opening price was $19 per share. A 3 for 2 stock split followed in June 2000.

Assets Under Management $139.0 B
1995
Skyscrapers in New York City

Expanded international and global investment research through a New York City office.

Assets Under Management $83.0 B
1993
Two men shaking hands in room with windows with sun shining in background

Formed an institutional sales force to distribute investment management products and services designed for corporations, government entities, insurance companies and other institutions.

Assets Under Management $76.0 B
1991
Red brick store front with brown door

Federated established Federated International Management Limited, a wholly owned subsidiary in Dublin, Ireland, becoming the first U.S. company whose registered money market funds were approved for distribution to the European community.

Assets Under Management $54.0 B
1989
One man at desk signing papers while another man leans over him

Jack Donahue and Jim Lynn, then Aetna's CEO, sign the papers that returned Federated Investors to self-ownership. Federated bought itself back from Aetna.

Assets Under Management $4.0 B
1986
Federated Tower in downtown Pittsburgh

Over the years, Federated has grown but remains headquartered in Pittsburgh office space the company moved into in 1986. 

License plate displayed

With an ad based on Pennsylvania's license plate, the firm raised $3 billion in assets in Government Income Securities, Inc. - the largest underwriting of a mutual fund at that time.

Assets Under Management $4.4 B
1982
A box of Crest with Aetna written on it

Federated sold to Aetna Life & Casualty Co.  Founder Jack Donahue memorialized the date of Federated and Aetna's all-night negotiation on this box of toothpaste, which he used before announcing the merger to the press.

Assets Under Management $8.0 B
1980
AARP photo with logo and people

Established a partnership with the American Association of Retired Persons (AARP) which at the time had 12 million members, and National Retired Teachers Association (NRTA) by launching the U.S. Government Money Market Trust.

Typewriter

EDGE (Electronic Data Gathering Extension), the industry's first online order-entry system for purchasing and redeeming fund shares, was launched for 300 client banks.

Assets Under Management $8.0 B
1976
Building with large white pillars

Created the industry's first institutional-only money market fund and one of the first municipal bond funds. Today Federated is an industry leader when it comes to money fund management.

Assets Under Management $824.0 M
1974
A man and woman talk on the Wilma Smith set

Glen Johnson's media savvy in more than 250 interviews across the country had phones ringing at Federated. The promotion for Money Market Management, one of the first money market mutual funds, generated 90,000 sales leads during a 16-week media blitz.

Assets Under Management $575.0 M
1969
Certificate for the US Government Securities

Fund for Investing in U.S. Government Securities, the first fund to invest exclusively in U.S. Government securities, garnered $60 million in assets in its first two years. Federated's eagle graced the cover of the fund's annual report to shareholders.

Assets Under Management $265.0 M
1964
Man sitting cross-legged in a chair in a suit

The company shifted to selling funds exclusively through brokers and institutions. Co-founder Richard B. Fisher focused his efforts on growing sales for Federated throughout his career.

Assets Under Management $98.0 M
1962
Man standing in front of a comic of a train

Founder Jack Donahue displays an advertisement for Federated's Empire Fund. Federated negotiated with the U.S. Treasury Department to keep exchange funds tax-free. By allowing investors to "exchange" their shares of common stocks for shares of the fund without incurring capital gains, the Empire Fund, one of Federated's first exchange funds, attracted $300 million in assets.

Assets Under Management $78.0 M
1959
Various mutual fund reviews

John F. Donahue appeared on the cover of Mutual Fund Review the same year the company went public. First public stock offering at $4.75 per share.

Assets Under Management $13.0 M
1956
Sign regarding the Income Foundation Fund

The purchase of the Income Foundation Fund (now Federated Global Allocation Fund) signaled Federated's entry into the ranks of investment company managers. The fund's SEC registration number was 001, the first fund registered under the Investment Company Act of 1940.

Assets Under Management $92.0 M
1955
Three founders

John F. Donahue and Richard B. Fisher, two former high school classmates, founded Federated with the assistance of outside legal counsel Thomas J. Donnelly. Federated's first office was in the Jenkins Arcade in downtown Pittsburgh.

Assets Under Management $78.0 M
DISCLOSURES

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