SEI in het kort
SEI Named 'Fiduciary Management Firm Of The Year'
Firm Recognized at European Pensions Awards for Pioneering Work in Fiduciary Management Services
OAKS, Pa., July 20, 2011 – SEI (NASDAQ:SEIC) today announced that the company has been named “Fiduciary Management Firm of the Year” at the 4th annual European Pensions Awards ceremony. Presented on June 30th in London, the award reaffirms SEI’s industry-leading position as the first and largest fiduciary management company in the world. Winners were determined by an independent panel of 22 judges representing pension schemes, associations, consultants, and providers.
“SEI impressed the judges with its clear dedication to meeting the needs of its clients. Not only does SEI focus on the big schemes, but it strives to service small and medium sized pension funds who particularly need assistance in the post-crisis period,” said Francesca Fabrizi, Editor-in-Chief, European Pensions & Pensions Age. “Innovation also plays a part in SEI’s proposition, and its unique approach to fiduciary management has helped it grow its market share significantly in the past year. A key focus on client communication also caught the attention of the judges.”
“SEI is dedicated to becoming the predominant fiduciary manager in the world and we are extremely proud to receive this honor,” said Edward Loughlin, Executive Vice President, SEI and Head of SEI’s Institutional Group. “It’s our goal to offer clients fiduciary services that provide accountability, while integrating innovative products, effective implementation, and results-oriented advice.”
The award commends the company “that has led the way in the fiduciary management space, tailoring their offering to today’s pension funds’ needs.” Additional reasons cited for SEI’s selection was the company’s demonstrated history of innovation within the market, long-standing commitment to the company’s pension fund clients, and overall dedication to improving pension provision in the market.
“When it comes to providing fiduciary management services, SEI has the longest track record in the industry and we have substantially more clients adopting this approach worldwide than any other firm,” said Patrick Disney, Managing Director of SEI’s Institutional Group for EMEA. “This is in part a result of the company’s ongoing focus on delivering our unique and value-added services to European pension scheme sponsors. We are proud that this award is a reflection of the success we’ve had in accomplishing that.”
In total, SEI provides fiduciary management services to more than 450 global institutional clients, representing more than $51 billion in assets under management. For more information about the European Pensions Awards 2011, please visit http://www.europeanpensions.net/awards_2011/index.htm.
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 has over 500 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 modeling process.
About SEI’s Institutional Group
SEI’s Institutional Group delivers integrated healthcare, retirement and nonprofit investment solutions to institutional clients (of which 340 are U.S. based) in six different countries. SEI enables clients to meet financial objectives, reduce business risk, and fulfill their due diligence requirements through implemented fiduciary management strategies for defined benefit plans, defined contribution plans, endowments, foundations and other balance sheet assets. For more information, visit www.seic.com/institutions.
SEI (NASDAQ:SEIC) is a leading global provider of investment processing, fund processing, and investment management business outsourcing solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of March 31, 2011, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $429 billion in mutual fund and pooled assets or separately managed assets, including $179 billion in assets under management and $250 billion in client assets under administration. For more information, visit www.seic.com.