Federated Investors has absorbed $100.6 million in assets from the Tributary International Equity Fund and merged them into the Federated International Leaders Fund, a fund will a similar mandate and that invests in high-quality foreign companies that appear to be undervalued.

“We are pleased to have completed this transition with Tributary, and we welcome our newest fund shareholders into the Federated International Leaders Fund,” said J. Christopher Donahue, president and CEO of Federated. “We will continue to explore future opportunities for similar agreements with insurers, banks and broker-dealers.”

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