Fiduciary Management
What is Fiduciary Management?
Fiduciary Management is an integrated approach to managing assets against liabilities with the goal of achieving pension funding. A Fiduciary Manager puts trustees in control of their funding level by providing a service which gives access to:
- Strategic advice
- Active asset allocation
- Dynamic risk management
- Investment management
Fiduciary Management is liability led, but the approach differs from "off the shelf" Liability Driven Investment (LDI) products. Fiduciary Managers focus on improving returns from assets whilst reducing the volatility of liabilities by placing the pension fund investment strategy in the context of the current market environment.
Fiduciary Management - Pioneered in the Netherlands
Fiduciary Management was pioneered in the Netherlands, where it accounts for over two thirds of Dutch pension fund assets under management, and is growing in the UK. Providers in the UK range from asset managers to consultants, offering a similar proposition called delegated or implemented consulting.
SEI’s Fiduciary Management approach
SEI is one of the first and largest global Fiduciary Managers and has been delivering strategic advice and asset management services to institutional clients for over 15 years. Fiduciary Management is SEI’s sole institutional focus in Europe and all its European institutional resources are committed to it.
SEI’s Fiduciary Management service distinguishes itself from the competition for a number of reasons:
- Strategic advice and risk management
- Proprietary asset liability modeling techniques help clients understand the full impact of their strategic investment decisions
- Liability Driven Investment approach (LDI) but constant monitoring of assets and liabilities to identify opportunities to lower risk or improve returns
- Multi Asset and Multi Manager Investment Management
- A team of over 80 individuals focused on manager selection and replacement within the SEI Funds
- Swift implementation regardless of client size
- Client service and fees
- Goals Based Reporting making it easier for trustees to monitor the pension scheme and the quality of investment decisions
- Transparent and competitive fees
Find out more about Fiduciary Management by contacting us at fiduciarymanagement@seic.com.
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SEI Investments (Europe) Limited (“SIEL”) is the distributor of the SEI UCITS Funds (“the Funds”) and serves as an investment manager and/or fiduciary manager for clients who invest all or a portion of their assets in the Funds. SIEL provides the distribution and placing agency services to the Funds by appointment from its associate, the manager of the Funds, SEI Investments Global Limited (“SIGL”), a company incorporated in Ireland. SIGL has in turn appointed another associate, SEI Investments Management Corporation (“SIMC”), as US corporation overseen by the US federal securities regulator, as investment adviser to the Funds. SIMC provides investment management and advisory services to the Funds.