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Federated completed an initial public offering on the NYSE on May 14, 1998. [6] In 1991, 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. In 1998, Federated ...
Federated Investors (FII) concludes reorganization of 18 PNC equity, fixed-income and liquidity mutual funds into 16 corresponding Federated mutual funds.
Federated Investors (FII) to acquire liquidity, equity and fixed-income mutual funds of PNC Financial (PNC).
Hermes began operating in 1983 as PosTel Investment Management Limited (PosTel) in 1983, [7] the investment management team of the Post Office Staff Superannuation Fund. The fund subsequently split into two pension schemes, the Post Office and British Telecommunications Staff Superannuation schemes.
The following is a limited list of mutual-fund families in the United States.A family of mutual funds is a group of funds that are marketed under one or more brand names, usually having the same distributor (the company which handles selling and redeeming shares of the fund in transactions with investors), and investment advisor (which is usually a corporate cousin of the distributor).
How mutual funds work. A mutual fund is a type of pooled investment fund in which many people own shares. Mutual funds invest in many different companies, and some even invest in the entire stock ...
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