SEI adds nearly USD3.8bn in fiduciary management assets globally in H1 2021
SEI has added 11 clients and nearly USD3.8 billion in new outsourced chief investment officer (OCIO) and fiduciary management assets during the first half of 2021. SEI is a leading provider of outsourced investment management services and custom platforms to support in-sourced investment staffs.
“After nearly three decades, SEI continues to stand out in a crowded OCIO and fiduciary management marketplace due to our focus on delivering results, evolving our services and building a broad infrastructure,” says Paul Klauder, Executive Vice President of SEI and Global Head of SEI’s Institutional Group. “We leverage companywide capabilities and expertise to provide comprehensive and flexible solutions that address clients’ needs. Our investment in technology, depth of resources and overall client experience are why we continue to be the provider of choice for more than 440 institutional investors.”
SEI’s growth as a provider of outsourced investment management this year comes from new client conversions in the United Kingdom, the United States and Canada, as the company continues to invest in developing its overall capabilities for institutional investors around the globe. Since January 2020, SEI’s institutional business has added over USD9.1 billion in new assets globally. Among SEI’s institutional clients added in 2021 are Greater Philadelphia YMCA and Real Estate Council of Ontario.
“Amid a shifting institutional investment landscape, institutional asset owners, investment committees and other fiduciary decision-makers need to solve increasingly complex challenges that go far beyond traditional fiduciary management services,” says Ian Love, Head of SEI’s Institutional Group, EMEA and Asia. “We are excited to build upon our momentum and continue to engage with clients, leveraging our differentiated solutions, strong sponsor support, capacity to provide sustainability screens, end-game ability, and breadth of experience as a fiduciary manager. As the landscape evolves, we will continue expanding our capabilities and providing the solutions and support that address each client’s unique needs.”