Wall Street Journal Fund Track
, Daisy Maxey talked to analysts about Federated Investors
, which stands as the third biggest money fund manager and has been taking steps to diversify its business.
"The question now is whether it can build on recent success and retain assets as markets improve," Maxey wrote.
Among the analysts Maxey quoted in the article are Standard & Poor's equity research analyst Matthew Albrecht, Morningstar mutual fund analyst Harry Milling and Sandler O'Neill & Parners analyst Michael Kim.
Federated ended 2009 with AUM of $389.3 billion, down from $407.3 billion in 2008. Assets in fixed-income products rose 44 percent to $33.8 billion and assets in equity products went up 11 percent to $29.7 billion.
Armie Margaret Lee
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