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Legal & General is outsourcing more of its investment arm to Charles River


British investment, insurance and mortgage company Legal & General is outsourcing more of its investment arm (LGIM) systems to Charles River – the US technology provider that reportedly manages $ 30 trillion in assets.

The UK’s largest publicly traded investor, managing more than £ 1 trillion in assets, hopes the expanded partnership with Charles River, a State Street company, will address the higher regulatory costs currently affecting fund managers …



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