Key Developments For SEI Investments Co
SEI Investments Co (SEIC.O) (Nasdaq)
SEI Investments Extends Outsourcing Relationship with Edgewood Management
SEI Investments announced that it has extended its relationship with Edgewood Management LLC to provide the firm with a complete investment operations outsourcing solution encompassing Edgewood's investment products.
SEI Investments Appointed As Fiduciary Manager For Jotun Paints Pension Scheme
SEI Investments announced that it has been appointed as Fiduciary Manager to the 14m pounds Sterling Jotun Paints (Europe) Limited Pension Scheme. As Fiduciary Manager, SEI will partner with the Trustees to develop an integrated strategy focused on improving the funding status of the pension scheme. SEI will provide Jotun Paints with a Fiduciary Management offering which includes asset and liability matching strategies, constructing an efficient investment portfolio, selecting managers to run the portfolio and, monitoring and replacing investment managers via the SEI Manager-of-Managers investment process.
SEI Investments Declares $.08 Per Share Dividend
SEI Investments announced that it has declared a dividend of $.08 per share. The cash dividend will be payable to shareholders of record on June 18, 2009 with a payment date of June 23, 2009.
SEI Investments Selected By Global X Management To Provide Turnkey Solution To Support Their Exchange Traded Funds
SEI Investments announced that it has been selected by Global X Management Company to provide a fully integrated, turnkey solution to support the firm's global exchange traded funds (ETFs). Under the terms of the agreement, SEI will provide a complete outsourcing solution that includes fund administration, accounting, investor servicing, distribution and authorized participant (AP) processing for Global X's ETFs in a straight-through electronic processing environment.
SEI Investments Chosen by Coast Capital Savings to Provide Investment Management Services
SEI Investments announced that it has been selected by Coast Capital Savings, to provide investment management services for their new investment offering. This win marks a new distribution partnership for the Company's asset management solutions. As part of the agreement, the Company will be responsible for the investment management of the new program, which includes six asset allocation mutual funds, each designed to meet an individual investor's goals, timeframe and risk tolerance.
