The Journal is reporting that the problem, which began earlier in the week, has affected a number of large mutual fund firms, including Federated Investors, Prudential Financial Inc., Guggenheim ...

Many of the biggest managers are actually relatively small parts of vast financial institutions. But there is one significant manager that is a more direct play on the money-fund business.

Federated Investors of Pittsburgh will purchase ... a proprietary mutual fund of First Tennessee Bank of Memphis, Tenn. IAI had managed the $56 million equity fund since its inception in the ...

Federated Hermes Inc. reduced its holdings ... an additional 277 shares during the last quarter. Parkside Financial Bank & Trust increased its position in First American Financial by 14.8% during ...

The firm owned 14,705 shares of the bank’s stock after selling 570 shares during the quarter. Federated Hermes Inc.’s holdings in Synovus Financial were worth $753,000 at the end of the most ...

PITTSBURGH, May 21, 2020 /PRNewswire/ -- Federated Hermes ... to participate in a fireside chat at the Deutsche Bank 10th Annual Global Financial Services Conference at 2:40 p.m. Eastern on ...

One of the last commercial companies to get a federal thrift before Congress barred such deals, Federated plans to underwrite only mortgages through its FDS Bank in Mason ... that have tried to crack ...