With the US equity markets up just 2.3% in the third quarter, the 2.2% average stock gain recorded by the traditional US asset managers kept year-to-date average total returns for the group above the market's return (as represented by the S&P 500 TR index) at the end of September.
With $676.9 billion in money market assets at the end of June 2026, Federated is one of the largest domestic money market managers, despite holding less than 10% of the market.
With 61% of money market AUM in government agency and Treasury funds, Federated has had to waive fees on a large part of its business during periods of extremely low interest rates.
|
Metric
|
FHI
|
IVZ
|
BEN
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.47 | 11.33 | 11.15 |
Price/Book Value | 3.37 | 0.99 | 1.35 |
Price/Sales | 2.13 | 1.81 | 1.73 |
Price/Cash Flow | 11.46 | 6.87 | 17.60 |
|
Metric
|
FHI
|
IVZ
|
BEN
|
|---|---|---|---|
Quick Ratio | 2.37 | 6.82 | 2.84 |
Current Ratio | 2.59 | 6.82 | 2.84 |
Interest Coverage | 44.57 | −2.05 | 18.11 |
|
Metric
|
FHI
|
IVZ
|
BEN
|
|---|---|---|---|
Return on Assets (Normalized) | 15.92% | 4.12% | 4.49% |
Return on Equity (Normalized) | 29.50% | 11.11% | 12.50% |
Return on Invested Capital (Normalized) | 20.66% | 5.84% | 5.01% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| BlackRock Inc
BLK
| LOCK|@%nYX!^y | LOCK|nZ^ | $176B | |||
| Blackstone Inc
BX
| LOCK|F^j%^&k | LOCK|#r | $93B | |||
| KKR & Co Inc Ordinary Shares
KKR
| LOCK|^?@C&< | LOCK|vJ^$Q | $83B | |||
| Brookfield Asset Management Ltd Ordinary Shares - Class A
BAM
| LOCK|h><HJp# | LOCK|F!wr% | $75B | |||
| Apollo Global Management Inc
APO
| LOCK|&MM$Rz | LOCK|p&s$ | $67B | |||
| State Street Corp
STT
| LOCK|yq<^@m | LOCK|?@ | $47B | |||
| Ameriprise Financial Inc
AMP
| LOCK|Q@jkDCd | LOCK|qrC^ | $44B | |||
| Northern Trust Corp
NTRS
| LOCK|P<<!L!&l | LOCK|@J | $31B | |||
| Raymond James Financial Inc
RJF
| LOCK|@SpRf<m | LOCK|brlMy | $30B | |||
| Ares Management Corp Ordinary Shares - Class A
ARES
| LOCK|dD&b!K | LOCK|<Vv^g | $28B |
United States