EUROPE - The newly merged £118bn pan-European fund manager F&C Asset Management has announced an outsourcing agreement with Mellon Financial Corporation. As a result, JP Morgan will lose the business it held through a similar agreement with ISIS before the merger.
F&C Asset Management, formed in October through the merger of F&C and ISIS, today announced its agreement with Mellon to outsource a number of operational functions across the enlarged group. F&...
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