Federated Investors, Inc. to Expand European Distribution through Agreement with London-based Bury Street Capital

Federated Investors, Inc. to Expand European Distribution through Agreement with London-based Bury Street Capital PR Newswire PITTSBURGH, Oct. 3, 2012 PITTSBURGH, Oct. 3, 2012 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII), one of the largest investment managers in the United States, announced that it has reached an agreement with Bury Street Capital, a London-based investment marketing and distribution firm whose clients include leading global pension funds and wealth managers throughout Europe. Bury Street Capital will focus on European distribution of existing and new Federated UCITS products, which have a focus on income strategies. The agreement will complement and expand Federated's current distribution capabilities in Europe. It opens new markets by leveraging Bury Street Capital's Pan-European distribution experience, with the goal of expanding Federated's UCITS managed assets. Bury Street has worked with a number of well-known fund management companies, helping them increase their profile in the rapidly growing UCITS market, which now accounts for approximately $7.5 trillion in assets. The UCITS market also is expected to continue growing significantly, as pension systems in the European Union transition from defined-benefit to defined-contribution plans.