Federated Investors "​Reports Strong Third Quarter 2007 Earnings; Money Market Assets Climb to Record $​210 Billion" says the press release. Federated, which hosts an earnings conference call Friday at 9 a.​m. EDT, grew money fund assets by $​16.​5 billion, or 9.​0%, in Q3, and by $​47.​1 billion, or 29%, over the past year. "​The long-​term credit and risk management strength of Federated'​s money market franchise positioned our products well for the unsettled credit markets in the third quarter. As a result, we were able to substantially grow our money market mutual fund assets," said President & CEO Chris Donohue.

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