OAKS, Pa., Nov. 16, 2017 – SEI (NASDAQ:SEIC) has been named ‘Top OCIO Provider’ at the 2017 Institutional Asset Management Awards, presented by the Fund Intelligence Group. The awards recognize best-in-class asset managers serving the institutional community. SEI was awarded ‘Top OCIO Provider’ over three other finalists based upon the votes from a panel of judges, including a selection of CIOs of foundations and endowments, as well as input from the editorial team at Money Management Report/Foundation & Endowment Report. Criteria also included industry reputation and past performance. Winners were announced at an event on November 15 in New York City.
“SEI has been providing OCIO services for over 25 years and that experience combined with our focus on innovating and evolving has allowed us to experience tremendous success,” said Paul Klauder, Executive Vice President of SEI and Head of SEI’s Institutional Group. “We continue to invest in our solution, experts, and technology to help deliver a program that best fits our clients. This award is a testament to the tremendous team here at SEI and their unrelenting commitment to providing more than 480 clients with the best OCIO solution in the market.”
“The rigorous judging process takes into account many different factors, including industry reputation and performance,” said Michael Paterakis, Editor at Money Management Report/Foundation & Endowment Report. “Through the process, we found SEI was a very popular choice among a satisfied group of institutional investors when it came to selecting an OCIO provider.”
About SEI’s Institutional Group
SEI’s Institutional Group 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 480 clients in 13 countries. 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.
SEI (NASDAQ:SEIC) is 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 September 30, 2017, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $845 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $325 billion in assets under management and $516 billion in client assets under administration.
Information provided by SEI Investments Management Corporation (SIMC), a registered investment adviser and wholly owned subsidiary of SEI Investments Company.