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Home>Bank Scrambles to Price Funds After Glitch

Bank Scrambles to Price Funds After Glitch

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Thu, 27 Aug 2015

By Kirsten Grind Computer problems plagued the U.S. asset-management industry for a fourth consecutive day Thursday, as Bank of New York Mellon Corp. said it was still working to correct a glitch that caused hundreds of mutual and exchange-traded funds to miscalculate the value of fund assets. The
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