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Asset Owners Increase Outsourcing
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Asset Owners Increase Outsourcing
In August this year the North Dakota Retirement and Investment Office became the first large U.S asset owner to outsource trading to Northern Trust and Melanie Pickett, head of asset servicing, Americas, expects this trend to continue. Northern Trust said in a statement in August that its 35-year relationship with the North Dakota Retirement and Investment Office (NDRIO) was expanding to include outsourced trading services, through the firm’s I…
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