Nicholas-Applegate's NeXT Network Goes Live--And More; Portfolio Buy Still A Year Away

TECHNOLOGY STRATEGIES

Nicholas-Applegate Capital Management (NACM) spent the turn of the year busily rolling out new hardware and software to support its San Diego-based traders and portfolio managers. Among other things, the firm has accomplished the following:

In January--after having run an eight-month pilot (IMT, Feb. 5, 1993)--the firm went live with its much anticipated NeXT platform to provide five traders and ten portfolio managers with access to market data, analytics and communications applications. The

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