SEI Named 'Top OCIO Provider' at 2018 Institutional Asset Management Awards

OAKS, Pa., Nov. 14, 2018 /PRNewswire/ -- For the second consecutive year, SEI (NASDAQ:SEIC) was recognized as the "Top OCIO Provider" at the 2018 Institutional Asset Management Awards, presented by FundMap. The company was selected from a field of nine finalists, consisting of many of the leading Outsourced Chief Investment Officers (OCIOs) from around the country.

The awards recognize top asset managers serving a wide range of institutional investors, including foundations, endowments and pension funds. Winners are selected by a panel of buy-side judges, who cast votes on a range of criteria, which include the company's detailed response to a questionnaire, direct client feedback, industry reputation and past performance. SEI has been offering an OCIO model to institutional investors for 25 years, has over 485 clients globally and manages $91.9 billion in assets as an OCIO (as of 9/30/18).

"SEI has a history of providing exceptional OCIO services to institutions, stretching back almost three decades," said Paul Klauder, Executive Vice President of SEI and Head of SEI's Institutional Group. "That tenure, combined with our heavy focus on customization and culture of innovation, drives us to deliver investment solutions for clients that we believe are unparalleled in the industry. Receiving this recognition for the second year in a row is a strong endorsement of SEI's unwavering commitment to building the best OCIO solutions in the market, the longevity of our client relationships, and the incredibly talented group of professionals who are part of our team."

"SEI was selected from a broad group of talented OCIO providers using a range of criteria, which included input from current clients and investment performance," said Paul O'Dowd, Head of Content at FundMap. "SEI's clients had great things to say about their experience with the company, which made them a worthy recipient of this award."

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 nonprofit solutions to more than 485 clients in 12 countries, as of Sept. 30, 2018. Our solutions are designed to help clients meet financial objectives, reduce business risk and fulfill 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/institutional-investors. 

About SEI

Now in its 50th year of business, SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of Sept. 30, 2018, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages, advises or administers $920 billion in hedge, private equity, mutual fund and pooled or separately managed assets, including $339 billion in assets under management and $576 billion in client assets under administration. For more information, visit seic.com.

Legal Note

Information provided by SEI Investments Management Corporation (SIMC), a registered investment adviser and wholly owned subsidiary of SEI Investments Company.

SOURCE SEI