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) | 10.23 | 11.52 | 11.13 |
Price/Book Value | 3.29 | 1.28 | 1.35 |
Price/Sales | 2.08 | 1.91 | 1.73 |
Price/Cash Flow | 11.20 | 7.15 | 17.57 |
|
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% | 5.80% | 5.01% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| BlackRock Inc
BLK
| LOCK|q?ybY?&x | LOCK|^Xv | $176B | |||
| Blackstone Inc
BX
| LOCK|#Kj!YTk | LOCK|!x | $85B | |||
| KKR & Co Inc Ordinary Shares
KKR
| LOCK|g#>J#&Z | LOCK|R?!J | $77B | |||
| Brookfield Asset Management Ltd Ordinary Shares - Class A
BAM
| LOCK|KjnLS? | LOCK|^<kr$ | $72B | |||
| Apollo Global Management Inc
APO
| LOCK|VYc%pl> | LOCK|t&^^< | $65B | |||
| State Street Corp
STT
| LOCK|C#B!YT | LOCK|B< | $46B | |||
| Ameriprise Financial Inc
AMP
| LOCK|%#<rmnv | LOCK|WB@l | $44B | |||
| Northern Trust Corp
NTRS
| LOCK|t#DRj<< | LOCK|W$! | $30B | |||
| Raymond James Financial Inc
RJF
| LOCK|Z@VD?#< | LOCK|ym?M | $30B | |||
| Ares Management Corp Ordinary Shares - Class A
ARES
| LOCK|S@y%@?& | LOCK|@@S<r | $26B |
United States