Guardian Life Set To Begin Portfolio Systems Evaluation; PAM And Camra Under Scrutiny

PORTFOLIO SYSTEMS

Guardian Life Insurance Co. is set to begin internal evaluations of portfolio management systems. The analysis by Guardian Life appears to be part of a move by the firm to streamline its investment accounting division.

Guardian Life manages $8 billion in assets for its parent, The Guardian Life Insurance Company of America. Of that, $5 billion is held in U.S. government securities and other fixed-income instruments, such as mortgage-backed securities.

Guardian Life's management operation has

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