Clients include corporations, government entities, insurance companies, foundations and endowments, banks and broker/dealers.

Federated Investors was founded in 1955 by high school classmates John F. Donahue, Richard B. Fisher, and Thomas J.

[3] In 1989, Federated management purchased Aetna's stake for $345 million, reestablishing majority control of the company.

[4] In 1996, Federated management paid $100 million to acquire the remaining 25% stock ownership still held by Aetna.

[7] In April 2012, Federated Investors, Inc. completed its acquisition of Prime Rate Capital Management LLP (PRCM), a London, United Kingdom-based provider of institutional liquidity and fixed income products, from Matrix Group Limited.