Receive a complete Daily History of this Stock You can receive a complete daily file of this issue since 1970 or stock inception. We will email you the file in ASCII format within a few hours or ordering. Product Details | Order

Business Description
Federated Investors, Inc., together with its consolidated subsidiaries, is a provider of investment management products and related financial services. The Company sponsors, markets and provides investment-related services to various investment products, including mutual funds and separately managed accounts. Its principal source of revenue is investment advisory fee income earned by various subsidiaries of Federated. Of the 137 mutual funds sponsored by Federated, its investment advisory subsidiaries managed 52 money market funds (and cash equivalents) totaling $136.4 billion in assets, 49 fixed-income funds with $22.2 billion in assets and 36 equity funds with $16.2 billion in assets as of December 31, 2002.

Financial Information
Federated Investors, Inc. and its subsidiaries sponsor, market and provide investment advisory, distribution and administrative services primarily to mutual funds. FII also provides services to corporations, employee benefit plans and others. For the three months ended 3/31/03, revenues fell 6% to $170 million. Net income item fell 7% to $48.7 million. Results reflect lower investment advisory fees due to negative equity market returns and higher professional fees.