Outsourcing threat to asset management services


GREENWICH, Ct -- Investment managers could find themselves short of work in Europe if the trend towards outsourcing asset management services to overseas companies continues.

A survey conducted recently by US research firm Greenwich Associates found a growing number of continental European institutions are using external firms to manage investments in areas where they lack experience.

Korina Linner, managing director at State Street in Munich, told FX Week the trend towards outsourcing investment

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