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Article: Federated Investors, Inc. to Advise on Multi-billion Dollar Portfolio for Bayerische Landesbank.
- Article from:
- PR Newswire
- Article date:
- July 14, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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- Mandate builds on Federated's demonstrated ability to realize value for clients within their structured product portfolios
PITTSBURGH, July 14 /PRNewswire/ -- Federated Investors, Inc. , one of the United States' largest investment managers, today announced that Munich-based Bayerische Landesbank (Bayern LB), one of the largest banks in the Free State of Bavaria and one of the leading banks in Germany, selected Federated as investment advisor for its multi-billion-dollar portfolio of U.S. dollar denominated securities. The announcement was made by Gordon J. Ceresino, vice chairman of Federated and executive director of international distribution, and Dr. Ralph ...