The Year Of The SMA: Standardization Could Result in Faster Asset Growth
July 8, 2007
NEW YORK-Managed accounts have been steadily gaining traction, but 2007 may be the year they truly get unleashed, according to panelists at a recent conference here. The New York-based Depository Trust & Clearing Corp. later this year will launch its Managed Accounts Service, which will, for the first time, provide one communications network and standardized set of messages for a now fragmented industry.
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