Federated Investors Inc. thinks stock volatility will make its specialized multisector fixed-income funds more attractive than stock funds to bank trust department customers and pension fund managers, an executive said.

The Pittsburgh provider of bank mutual funds has long preached that fixed-income products are important for a balanced portfolio. But the shaky stock market may cause formerly equity-mad investors to be more receptive now, said Tim Pillion, senior vice president in charge of bank marketing.

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