One of the country's largest investment managers, Federated Investors provides investment advisory and administrative services to some 135 mutual funds. Federated Investors offers fixed-income and equity mutual funds, separate accounts, closed-end funds, variable annuity funds, and alternative investments, though money market funds make up most of the company's approximately $376 billion in assets under management. Its products are sold through banks, brokerages, wealth managers, investment advisors, trust companies, and other financial intermediaries. Chairman John Donahue and his family, including his son, president and CEO J. Christopher, control Federated Investors.