"Federated Investors, Inc. Completes Reorganization of Money Market Assets from Hilliard-Lyons Government Fund", which says, "Federated Investors, Inc., one of the nation's largest investment managers, reorganized approximately $1.6 billion in assets from the Hilliard-Lyons Government Fund into the Federated Government Cash Series money market fund. The transaction was completed as of the close of business on Friday, July 23, 2010. Federated Government Cash Series is a money market fund that seeks to provide investors with current income consistent with the stability of principal and liquidity. The fund pursues its objective by investing primarily in a portfolio of short-term U.S. Treasury and government agency securities." See also, "Fitch says European money market funds face ongoing low interest rate, market challenges".
