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United Kingdom

Federated Investors Inc (FII.N)

FII.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Federated Investors To Buy Majority Interest In ESG Manager Hermes Investment Management From BT Pension Scheme
Friday, 13 Apr 2018 

April 13 (Reuters) - Federated Investors, Inc. ::FEDERATED INVESTORS, INC. TO ACQUIRE MAJORITY INTEREST IN LONDON-BASED INTEGRATED ESG MANAGER HERMES INVESTMENT MANAGEMENT FROM BT PENSION SCHEME.UPON CLOSING, FEDERATED WILL PAY £246 MILLION (APPROXIMATELY $350 MILLION) TO BTPS FOR A 60 PERCENT INTEREST IN HERMES.AGREEMENT HAS BEEN APPROVED BY BOARDS OF FEDERATED AND BTPS.BTPS WILL RETAIN A 29.5 PERCENT SHARE IN HERMES AND WILL CONTINUE TO INVEST IN HERMES' STRATEGIES AS A CLIENT.FEDERATED WILL FUND TRANSACTION THROUGH A COMBINATION OF CASH AND AN EXISTING REVOLVING CREDIT FACILITY.COMBINED ORGANIZATION WOULD HAVE ABOUT $442.2 BILLION (£327.6 BILLION) IN ASSETS UNDER MANAGEMENT.CERTAIN MEMBERS OF HERMES' MANAGEMENT WILL HOLD AN AGGREGATE 10.5 PERCENT INTEREST IN HERMES.  Full Article

BT Pension Scheme To Sell Majority Stake In Hermes In 410 Mln Stg Deal- FT
Thursday, 12 Apr 2018 

April 12 (Reuters) - :BT PENSION SCHEME TO SELL MAJORITY STAKE IN HERMES IN 410 MLN STG DEAL - FT, CITING A SOURCE.  Full Article

Federated Investors Q4 Earnings Per Share $1.31
Thursday, 25 Jan 2018 

Jan 25 (Reuters) - Federated Investors Inc ::FEDERATED INVESTORS, INC. REPORTS FOURTH QUARTER AND FULL-YEAR 2017 EARNINGS.Q4 GAAP EARNINGS PER SHARE $1.31.Q4 EARNINGS PER SHARE VIEW $0.57 -- THOMSON REUTERS I/B/E/S.Q4 ADJUSTED EARNINGS PER SHARE $0.61.FEDERATED INVESTORS - ‍ FEDERATED'S TOTAL MANAGED ASSETS WERE $397.6 BILLION AT DEC. 31, 2017 UP $33.9 BILLION OR 9 PERCENT FROM $363.7 BILLION AT SEPT. 30, 2017​.QTRLY TOTAL REVENUE $278.3 MILLION VERSUS $289.9 MILLION.  Full Article

Federated Investors posts Q3 earnings per share $0.56
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Federated Investors Inc :Federated Investors Inc reports third quarter 2017 earnings.Q3 earnings per share $0.56.Q3 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.Federated Investors Inc - qtrly total revenue $278.3 million versus $294.6 million ‍​.  Full Article

Saudi-based ITFC, Federated Investors to launch $300 mln trade finance fund

Aug 9 The Saudi-based International Islamic Trade Finance Corp (ITFC) said on Thursday it would launch a $300 million fund alongside U.S. fund manager Federated Investors, aiming to tap trade finance opportunities in Muslim-majority countries.