M&G extends outsourced servicing deal

WatersTechnology Staff
01 Sep 2008

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International Financial Data Services (IFDS), the international transfer agency joint venture between State Street and DST Systems, has announced an agreement with London-based investment manager M&G to extend its contract for retail administration services to 2016. At the same time, M&G is proposing to transfer its customer contact functions to IFDS, subject to employee consultation.

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