Robert Tousignant, a former Phoenix Investment Partners and Fidelity Investments executive, has been hired by Federated Investors to lead the firm's efforts to expand it's managed account sales.

Tousignant will serve as Federated's national sales manager for managed accounts, the firm said last week. At Phoenix, Touisgant attracted billions of dollars in assets to that company's managed account programs, Federated said. He has also worked at Citibank and Roger Engemann and Associates.

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