Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Money and calculator

5011

SEI’s institutional non-profit business adds USD500m in assets

RELATED TOPICS​

SEI has reported continued sales growth in its foundation and endowment institutional business with the addition of more than USD500m in new non-profit assets under management during the previous two quarters.

New clients have cited SEI’s expertise in addressing the increasingly complex liquidity needs of non-profits as one of the differentiators in the selection process.

Other key factors include diversification on the asset class and manager level, customised socially responsible investing options and SEI’s ability to take on fiduciary responsibility for manager evaluation, termination and replacement.

SEI currently has more than 100 non-profit clients and more than USD4bn in non-profit assets under management.

"Investment committees see the value in delegating manager oversight to allow the committee to focus on more strategic initiatives around asset allocation, use of new asset classes and the overall mission of the organisation," says Carolyn McLaurin, vice president and managing director of SEI’s non-profit group. "This new business continues to validate this trend."

Through its outsourced model, SEI takes on fiduciary responsibility for researching, selecting and monitoring managers that fit the ongoing strategies for the asset allocation set forth by the client’s investment committee.

In addition to manager oversight, SEI’s model provides clients with advice around asset allocation decisions and their impact on the goals and objectives of the organisation.

Latest News

New research from Carne Group reveals fund managers expect alternative asset classes to see the..
Brown Brothers Harriman & Co has expanded its relationship with AllianceBernstein (AB), by adding to..
The trading and investment platform eToro has extended its proxy voting feature to all stocks..

Related Articles

The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by