Latest News - Jacqueline Davalos
US firm Federated buys stake in UK asset manager for $351m
Federated Investors purchased a 60% stake in Hermes Investment Management for $351 million
Fed raises rates on Powell's debut, ups GDP forecast
Fed officials said they would raise the federal funds target rate by a quarter percentage point to a range between 1.5% to 1.75%.
T. Rowe names new investment chief
Former portfolio manager shifts from equity head to new senior role.