Royal London Asset Management, a UK fund management company with GBP153bn (USD194bn) AuM, has adopted BlackRock’s Aladdin technology platform, which HSBC will leverage to manage RLAM’s middle office. RLAM’s assets are currently serviced by HSBC’s securities services business, and will now be supported by Aladdin. HSBC has provided RLAM with global custody and middle-office services since 2006.
