![]() |
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
Tuesday, February 19, 2002 PNC Surpasses PNC Financial's PFPC unit is touting the success of its Surpas shareholder subaccounting system. The firm claims that it added 7 million new shareholder accounts in the past year, including those at Prudential. Altogether it claims that 21 million accounts are now on the system. Kevin Melancon, managing director for Surpas at PFPC, says that the new account wins stem from a shift in the fund industry to subaccounting. Printed from: MFWire.com/story.asp?s=1896 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |