EUROPE - F&C Management is poised to award Mellon Global Securities Services the back office administration of its institutional business, based in London.
The move is part of a growing trend among fund managers to outsource administration in a bid to cut costs. F&C said that it wanted to focus on asset management and client relationships. The deal...
To continue reading this article...
Join Professional Pensions
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date