ABN AMRO Asset Management hired State Street Corp. to handle fund...

ABN AMRO Asset Management hired State Street Corp. to handle fund administration and investment operation services for 75 billion euros ($89 billion) in assets under management, said Jochem Van De Laarschot, ABN AMRO spokesman. The firm hired State Street so it could focus on managing portfolios and providing client service, he said. ABN AMRO has 166 billion euros in global assets under management, including its institutional and retail business.