Federated Investors has transitioned about $509 million in equity, fixed income and money market assets from two funds. The assets have been moved to Federated funds from the EquiTrust Series Fund and the EquiTrust Variable Insurance Series Fund.
The move became effective from July 18, 2011. Previously, FBL Financial Group, a unit of EquiTrust Investment Management Services, managed the assets.
Click here for the release from PR Newswire.