London, 7 Sept., 2020 – SEI’s Institutional Group today announced that they have joined forces with twelve leading investment consulting firms to establish the Investment Consultants Sustainability Working Group.
SEI is one of the first and largest global providers of outsourced investment management services. The company delivers integrated retirement, healthcare and nonprofit solutions to more than 470 clients in 12 countries, as of 31 March 2020.
The group is focused on addressing real change by asset owners and asset managers on a number of areas within sustainability particularly in relation to climate change.
Ian Love, Head of SEI’s Institutional Group EMEA and Asia, said:
“SEI has a long history of implementing sustainable investment through collaboration; the Investment Consultants Sustainability Working Group is an important next step to extending that collaboration across investment consultants and fiduciary managers.”
Cai Rees, Investment Director and ESG lead in EMEA and Asia, said:
“We are looking forward to working alongside our peers to target real change in sustainable investing. As a fiduciary manager, our clients rely on SEI to ensure the highest standard of stewardship and sustainable investment. The Investment Consultants Sustainability Working Group will be an important building block for our industry.”
About SEI’s Institutional Group
SEI’s Institutional Group provides institutional investors with outsourced investment management services and custom platforms to support insourced investment staffs. SEI is one of the first and largest global providers of outsourced or OCIO investment management services to the institutional marketplace and recently has launched its Enhanced CIO services globally to institutional investors that desire to have internal resources. The company delivers these integrated solutions to more than 470 clients in 12 countries, as of June 30, 2020. 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.
After 50 years in business, SEI (NASDAQ:SEIC) remains a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of June 30, 2020, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $1 trillion in hedge, private equity, mutual fund and pooled or separately managed assets, including $318 billion in assets under management and $693 billion in client assets under administration.