SEI Further Extends Global Footprint with Malaysian Wealth Management Partnership
Press release
SEI Partners with Maybank Group to Expand Investment Access for Malaysian Investors
LONDON, Jan. 31, 2022 – SEI® (NASDAQ: SEIC) today announced a strategic partnership with Maybank Group (Maybank) to deliver its clients SEI’s investment expertise and asset allocation strategy. The partnership introduces SEI’s manager selection platform and asset management capabilities, including proprietary manager research and due diligence, risk management, and investment research, to Maybank clients.
Through the partnership, Maybank launched the MAMG Liquid Alternative Fund, a private label feeder fund structured as a Malaysian unit trust that invests directly in The SEI Liquid Alternative Fund, an award-winning hedge fund replication strategy that seeks to match or outperform leading hedge funds traditionally reserved for accredited investors. With reduced fees, daily liquidity, and a factor-based investment approach, it can play a valuable role in powering goals-based wealth management.
Kevin Barr, Head of SEI’s asset management business, said:
“Democratizing investment access is core to our asset management value proposition, and we are thrilled to partner with Maybank to deliver our institutional-quality investment platform to their clients. With access to a unique, replication-based liquid alternatives strategy and our broader investment capabilities, Malaysian investors can pursue their financial goals with greater confidence.”
Alvin Lee, Head Group Wealth Management at Maybank said:
“We are excited to partner with SEI to bring their unique investment platform to our clients. With our new liquid alternative fund strategy, investors can access a differentiated solution that offers low volatility and correlation to traditional assets. We look forward to continuing to collaborate with SEI to expand investment opportunities for Malaysian investors.”
SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to solve problems, manage change and help protect assets—for growth today and in the future. As of Dec. 31, 2021, SEI manages, advises, or administers approximately $1.3 trillion in assets.
Important Information
The SEI Liquid Alternative Fund is structured as an open-ended collective investment scheme and is authorised in Ireland by the Central Bank as a UCITS pursuant to the UCITS Regulations. The fund is managed by SEI Investments, Global Ltd (“SIGL”). SIGL has appointed SEI Investments (Europe) Ltd (“SIEL”), an affiliate of SIGL, to provide general distribution services in relation to the fund. The SEI Liquid Alternative Fund may not be marketed to the general public except in jurisdictions where the funds have been registered by the relevant regulator. The matrix of the SEI fund registrations can be found here seic.com/GlobalFundRegistrations.
Whilst the information contained in this document relating to the SEI Funds has been provided by SIEL in good faith, no warranty is given as to its accuracy or completeness.
Application for shares in SEI Funds (the “Shares”) will be considered on the basis of the relevant SEI Fund’s Prospectus (and any relevant supplement) and the latest published audited annual report and accounts and, if published after such report, a copy of the latest unaudited semi-annual report.
If you enter a distribution agreement with SIEL, you, as a sub-distributor, would be responsible for, amongst other things, ensuring that the Shares are only offered, and any literature relating to the SEI Funds are only distributed, in jurisdictions where such offer and/or distribution would be lawful. The SEI Funds referenced in this document are only registered for distribution as indicated in the SEI Fund’s Prospectus.
The Shares have not been and will not be registered for sale to the public in the United States of America (“US”) under the Securities Act of 1933 of the US (or the securities laws of any of the US states).
Past performance is not a reliable indicator of future results. Investments in SEI Funds are generally medium to long-term investments. The value of an investment and any income from it can go down as well as up. Investors may get back less than the original amount invested. SEI Funds may use derivative instruments which may be used for hedging purposes and/or investment purposes. Additionally, this investment may not be suitable for everyone. If you should have any doubt whether it is suitable for you, you should obtain expert advice.
The SEI Funds are registered for public distribution in the United Kingdom (UK). For the purposes of distribution in the UK, this information is issued by SIEL located at 1st Floor, Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, UK. SIEL is authorised and regulated by the Financial Conduct Authority.
This document does not constitute investment advice or an offer to sell, buy or recommendation for securities nor does it constitute legal, tax or other advice.