THIS WEEK IN IMT

THIS WEEK IN IMT

1 year ago

Amvescap acquired the asset management division of the Liechtenstein Global Trust, a step that began the phasing out of LGT's back office. By last summer, Amvescap had melded most of LGT's operations into its mutual fund unit, AIM Advisors, and its institutional asset management group, Invesco. As part of that integration, the installation of the Portia portfolio management system that had been in place at AIM since 1997 was extended to Invesco and LGT (February 13, 1998).

5 years a