A press release posted Friday, entitled, "Federated Investors, Inc. Earns Institutional Investor Award," says, "Federated Investors, Inc., one of the nation'​s largest investment managers, today announced that it has been recognized by Institutional Investor magazine in their annual U.​S. Investment Management Awards. Federated was recognized in the Cash Management & Short-​Term Fixed Income category. The awards, now in their fourth year, recognize U.​S. institutional money managers for their innovative strategies, fiduciary savvy and impressive short- and long-​term returns, as well as U.​S. money managers in more than 35 asset classes and strategies who stood out in the eyes of the investor community for their exceptional performance, risk management and service. Federated'​s award was presented at a ceremony on Thursday, May 16, 2013." John B. Fisher, president and chief executive officer of Federated Advisory Companies, comments, "As a cash-​management pioneer and leader, we are honored that Institutional Investor magazine recognized Federated for products that play a central role in client needs and capital markets. For nearly four decades, investors have turned to Federated for cash-​management solutions that offer diligent credit analysis, broad diversification and daily liquidity at par."

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