Royal London to outsource £4.5bn to JPMorgan

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UK - Royal London Asset Management (RLAM) has agreed to outsource its fund accounting activities worth £4.5bn in unit trust assets to JPMorgan Investor Services.

The arrangement will cover 18 individual Royal London and Scottish Life unit trusts and also includes the transfer of 16 RLAM employees in Edinburgh to JPMorgan in Edinburgh Park. JPMorgan’s he...

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