SEI's UK Institutional Business Adds £1.7 Billion in Assets

LONDON, Aug. 30, 2017

SEI attributes its recent growth to a number of factors; most importantly, the company's heritage, experience, and success as a specialist Fiduciary Manager, which sets the company apart from its competitors from the investment consulting sector.  SEI currently manages assets for over 475 institutional clients worldwide representing over £68.2 billion in assets (As at 30 June 2017).

Commenting on the success of the U.K. business, Patrick Disney, Managing Director of SEI's Institutional Group for EMEA and Asia said:

"SEI's significant growth in the U.K. over the last 12 months serves as a testament to the strength of our Fiduciary Management solution, which is tailored to each client's specific funding objectives. It is particularly positive to see our client base expanding to include schemes of more than £1 billion, as larger pension schemes recognize the value of working with a Fiduciary Manager. We expect this trend to continue over the coming years.

The substantial expansion of our client base reflects a growing consensus in the market that a specialist approach to Fiduciary Management is desired by Trustees. This is particularly pertinent in light of the FCA's recent Asset Management Market Study, which identified significant concerns regarding conflicts of interest amongst investment consultants offering both a Fiduciary Management and traditional consulting business model."

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 non-profit solutions to more than 480 clients in 13 countries. Our solutions are designed to help clients meet financial objectives, reduce business risk and fulfil 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/institutions.

About Fiduciary Management
SEI's Institutional Group is the first and largest global provider of Fiduciary Management services. The company began offering these services in 1992 and currently manages over 475 accounts for fiduciary management clients worldwide. SEI became the first to offer a fiduciary management solution that integrates assets, liabilities and overall organizational finances by incorporating risk management, investment advice, implementation, oversight, trust/custody, and a unique modelling process.