Matrix sells cash manager Prime Rate to US group Federated

January 06, 2012  




Federated Investors, one of the largest investment managers in the US with assets under management of over $350 billion, is to buy cash management and money markets investment firm Prime Rate Capital Management from UK-based financial services group Matrix.

London-based Prime Rate, which runs some $2.4...

TAKE A FREE TRIAL

The full contents of this article are only available to active EuroHedge subscribers and trialists.

To continue reading please,
take a free trialsubscribe or log in to EuroHedge.

Subscribe

Subscribers have unlimited access to all current content, including hedge fund performance Live League Tables. Start your subscription today - click on the button below.

Subscribe now