Stein Roe May Replace Pacer, Concerned By Wait For Upgrade
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CHICAGO--After five years of struggling with the technical limitations of its current portfolio management system, mutual fund company Stein Roe & Farnham is close to aborting its implementation of Financial Models Pacer for the $13 billion in assets it manages for high net worth and institutional clientele, say sources familiar with its operations.
Yet a Financial Models official and a spokesman for Stein Roe's parent company, Liberty Financial in Boston contacted by IMT say no decision has been
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