First American Chooses Portia As Post-Merger Standard Platform

PORTFOLIO MANAGEMENT

MINNEAPOLIS--First American Asset Management, the mutual fund and institutional asset management arm of US Bancorp, expects to complete the conversion of desktop computers for 60 portfolio managers, analysts and traders to Thomson Investment Software's Portia portfolio management system by the end of June. If there are some unanticipated complications from the company's Year 2000 update, the completion could be pushed back to September, but at this stage, nearly 10 months into the project, Bob

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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