Templeton Switches To MaxData From Shaw Bureau Service
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Templeton, Galbraith & Hansberger Ltd. is planning to shift management of the bulk of its $18 billion in managed funds from Shaw Data Services Inc.'s bureau service to an onsite minicomputer-based system provided by Maximum Data Corp. Templeton believes the in-house system it is installing will outperform Shaw's bureau service.
Meanwhile, MaxData is losing a client of its own. First Boston Asset Management, which runs over $12 billion mostly in mortgage-backed and high-yield investments
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