SEI Adds Nearly $3.8 Billion in Fiduciary Management Assets Globally in First Half of 2021

London, 31 Aug., 2021 – SEI (NASDAQ:SEIC) today announced continued global growth in its institutional business, adding 11 clients and nearly $3.8 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 insourced 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,” said 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 $9.1 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,” said 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.”

About SEI’s Institutional Group

SEI’s Institutional Group provides institutional investors with outsourced investment management services and custom platforms to support insourced investment staff. SEI is one of the first and largest global providers of outsourced or OCIO investment management services to the institutional marketplace and recently launched its Enhanced CIO services globally to institutional investors that desire to have internal resources. The company delivers these integrated solutions to more than 440 clients, as of June 30, 2021. Our solutions are designed to help clients meet financial objectives, reduce business risk and fulfill their due diligence requirements through implemented strategies for the management of defined benefit plans, defined contribution plans, endowments, foundations and board-designated funds. For more information visit: seic.com/institutional-investors. 

About SEI

After 50 years in business, SEI (NASDAQ:SEIC) remains a leading global provider of investment processing, investment management, and investment operations solutions designed to help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of June 30, 2021, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers approximately $1.3 trillion in hedge, private equity, mutual fund and pooled or separately managed assets, including approximately $399 billion in assets under management and $880 billion in client assets under administration.