“The completion of the transaction allows the EquiTrust funds’ shareholders to leverage Federated’s broader mutual fund management capabilities, while also providing them with access to our wide variety of investment options and quality customer service,” said Federated President and CEO J. Christopher Donahue.
Over the past five years, Federated has adopted more than $40 billion in fund assets. The firm managed $354.9 billion in assets as of March 31.
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