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Article: Hirings; Allianz Dresdner.
- Article from:
- Pensions & Investments
- Article date:
- September 20, 2004
CopyrightCOPYRIGHT 2004 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MUNICH - Allianz Dresdner Asset Management hired State Street Corp. to provide investment operations services for $100 billion in insurance assets under management, said Hannah Grove, State Street spokeswoman. State Street already provides investor services for $400 billion in assets under management by PIMCO; Allianz Dresdner and PIMCO are both Allianz Group subsidiaries. Christian Lawrence, Allianz Dresdner spokesman, could not say if State Street replaced another investment operations services provider or if Allianz Dresdner had handled the operations in-house.
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