Federated Investors of Pittsburgh is collaborating with Native American asset managers to create the first fund family for Native Americans. The first fund will be called 4 Winds Treasury Money Market Fund. The family's aim will be to get a large proportion of the money invested by the 500 tribes in the U.S., a figure calculated to be a total of $15 billion.

21st Century Enterprises of Alaska administers 4 Winds which will be advised by Native American Investors and distributed by NativeNations Securities of New York. Federated will provide trading and back-office services and will help design the funds. It will also be the sub-administrator under 21st Century Enterprises.

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