Legal & General Investment Management (LGIM) is extending its existing partnership with State Street by expanding its usage of Charles River technology and to deliver middle office servicing. LGIM says that the appointment of State Street, as well as the expansion of its use of Charles River technology across a number of its investment management services in the UK, America, Asia and Europe, will enable it to offer a more automated, consistent and seamless way for clients from all over the world to do business with it. LGIM is one of Europe’s largest asset managers, with total AuM of GBP1.3trn (USD1.7trn).
