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Fifth Third Picks Managed Account Administrator

By Staff Writer

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Fifth Third Asset Management has picked Bisys Group Inc. to administer its separately managed accounts program.[@@]

Bisys, New York, announced it will provide middle- and back-office services to support Fifth Third asset managers in directing clients’ portfolios and building client relationships.

Fifth Third Asset Management, a unit of Fifth Third Bancorp, Cincinnati, has over $21 billion in assets under management.

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