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AllianzGI seals outsourcing deal, offloads HK ops team

Leigh Powell
Northern Trust lifts 12 operations staff from AllianzGI as part of a deal to provide middle-office servicing for RCM in Asia-Pacific, Europe and North America.
AllianzGI seals outsourcing deal, offloads HK ops team

Allianz Global Investors has signed a global outsourcing deal with Northern Trust to provide middle office services for its asset manager RCM in Asia-Pacific, Europe and North America. It will also use Northern Trust for settlement and fund accounting.

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