Minding Costs, Aegon USA Puts Some Assets On Portvue
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Cedar Rapids, Iowa-based Aegon USA Investment Management Inc. has selected Security APL Inc.'s Portvue service to support some $500 million in individual client portfolios. Aegon USA Investment's move to Portvue marks the end of a ten-year incumbency for Advent Software Inc., whose Axys system had most recently supported the individual client accounts. The individual client portfolios represent a small subset of the total $25 billion in assets which Aegon USA Investment manages; the bulk of
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