EXHIBIT 21.01

SIGNIFICANT SUBSIDIARIES OF FEDERATED INVESTORS, INC.:

Federated Administrative Services, a Delaware statutory trust

Federated Administrative Services, Inc., a Pennsylvania corporation

Federated Advisory Services Company, a Delaware statutory trust

Federated Asset Management GmbH, a German company

Federated Equity Management Company of Pennsylvania, Delaware statutory trust

Federated Global Holdings LLC, a Delaware limited liability company

Federated Global Investment Management Corp., a Delaware corporation

Federated Holdings (UK) Limited, a United Kingdom company

Federated Holdings (UK) II Limited, a United Kingdom company

Federated International – Europe GmbH, a German company

Federated International Holdings B.V., a Netherlands company

Federated International Management Limited, an Irish company

Federated International Securities Corp., a Delaware corporation

Federated Investment Counseling, a Delaware statutory trust

Federated Investment Management Company, a Delaware statutory trust

Federated Investors Asia Pacific Pty Ltd, an Australian company

Federated Investors Australia Services Ltd., an Australian company

Federated Investors (Canada) Holdings, Inc., a Pennsylvania corporation

Federated Investors Canada ULC, a British Columbia unlimited liability company

Federated Investors International Pte. Ltd., a Singapore holding company

Federated Investors Management Company, a Pennsylvania corporation

Federated Investors Trust Company, a Pennsylvania trust company

Federated Investors (UK) LLP, a United Kingdom limited liability partnership

Federated MDTA LLC, a Delaware limited liability company

Federated MDTA Trust, a Massachusetts business trust

Federated Private Asset Management, Inc., a Delaware corporation

Federated Private Fund of One Trade Finance Partnership General Partner, LLC, a Delaware limited liability company

Federated Securities Corp., a Pennsylvania corporation

Federated Services Company, a Pennsylvania corporation

Federated Shareholder Services Company, a Delaware statutory trust

FII Holdings, Inc., a Delaware corporation

HBSS Acquisition Company, a Delaware corporation

Hermes Alternative Investment Management Limited, a United Kingdom company

Hermes Assured Limited, a United Kingdom company

Hermes BPK Coinvestment Trustees Limited, a United Kingdom company

Hermes Equity Ownership Services Limited, a United Kingdom company

Hermes European Equities Limited, a United Kingdom company

Hermes Fund Managers Ireland Limited, an Irish company

Hermes Fund Managers Limited, a United Kingdom company

Hermes Fund Managers (North America) GP, Inc., a Massachusetts corporation

Hermes Global Funds GP Limited, a Cayman Island company

Hermes Investment Management Ltd, a United Kingdom company

Hermes Investments (North America) Limited, a United Kingdom company

Hermes Pension Fund Management Limited, a United Kingdom company

Hermes Private Debt I GP Limited, a United Kingdom company

Hermes Private Debt (Lux) I GP S.a.r.l., a Luxembourg company

Hermes Private Debt (Lux) II GP S.a.r.l., a Luxembourg company

Hermes Private Equity Limited, a United Kingdom company

Hermes Real Estate Debt GP Limited, a United Kingdom company

Hermes Real Estate Investment Management Limited, a United Kingdom company

Hermes Secretariat Limited, a United Kingdom company

Hermes Sourcecap Limited, a United Kingdom company