2014

SEI Selected by Accessor Capital Management to Administer Accessor Funds Newest Client Recently Named Lipper Small Fund Family of the Year



    OAKS, Pa., May 8 /PRNewswire-FirstCall/ -- SEI (Nasdaq:   SEIC), a
 leading global provider of outsourced asset management, investment
 processing and investment operations solutions, today announced that it has
 been selected by Accessor Capital Management to provide mutual fund
 administration, accounting, distribution and compliance services for the
 firm's Accessor Funds. The funds were recently recognized by Lipper as the
 "Best Overall Fund Family (Small)." The deal marks an ongoing outsourcing
 trend, as fund families continue to align with outsourcing partners in an
 effort to focus on their core business offerings.
     Under the agreement, SEI will administer Accessor's 16 mutual funds
 representing more than $3 billion in assets. In addition to fund
 accounting, administration, marketing, distribution and compliance
 services, SEI will provide an outsourced wholesaling solution for the
 Accessor Funds. SEI was selected following a rigorous due diligence process
 involving several providers. The firm's innovative technology, focus on
 risk reduction and automation around core processes, were pointed to as key
 differentiators in the selection process. SEI's compliance culture and
 expertise also played a critical role in the decision.
     "SEI stood out throughout this process with an unmatched combination of
 technology, resources, compliance and distribution expertise and deep
 experience," said Tony Whatley, President of Accessor Capital Management.
 "They are a leader in the outsourcing business and they showed us why at
 every turn. It's comforting to know that we have a trusted partner that
 will service our funds at the highest level and let us focus on growing our
 business."
     "Accessor has a tremendous family of funds and we are pleased to add
 them as a client," said John Alshefski, Head of Business Development for
 SEI's Investment Manager Services division. "Our full suite of outsourcing
 services enables a firm like Accessor to remain focused on their core
 competencies. We're looking forward to a successful, long-term
 relationship."
     About SEI's Investment Manager Services Division
     SEI's Investment Manager Services division provides total operations
 outsourcing solutions to investment managers focused on mutual funds, hedge
 and private equity funds, separately managed accounts and institutional
 client services. The division applies operating services, technologies, and
 business and regulatory knowledge to each client's business objectives. Its
 resources enable clients to meet the demands of the marketplace and sharpen
 business strategies by focusing on their core competencies.
     About SEI
     SEI (Nasdaq:   SEIC) is a leading global provider of outsourced asset
 management, investment processing and investment operations solutions. The
 company's innovative solutions help corporations, financial institutions,
 financial advisors, and affluent families create and manage wealth. As of
 March 31, 2007, through its subsidiaries and partnerships in which the
 company has a significant interest, SEI administers $382.4 billion in
 mutual fund and pooled assets and manages $190.0 billion in assets. SEI
 serves clients, conducts or is registered to conduct business and/or
 operations, from more than 20 offices in over a dozen countries. For more
 information, visit www.seic.com.
     Accessor Capital Management was awarded "Best Overall Fund Family
 (Small)" among other small fund groups, defined as fund families with at
 least three equity, three bond, and three mixed asset funds for the period
 ending Dec. 31, 2006. Accessor competed with 20 other eligible fund
 families to win the award. Lipper determined the small fund group awards by
 the lowest average decile ranking of its respective asset class results.
 Although Lipper makes reasonable efforts to ensure the accuracy and
 reliability of the information contained herein, the accuracy is not
 guaranteed by Lipper. Users acknowledge that they have not relied upon any
 warranty, condition, guarantee, or representation made by Lipper. This is
 not an offer to buy or sell securities. Past performance does not guarantee
 future results. Investing involves risk, including possible loss of
 principal.
     Accessor Funds are distributed by SEI Investments Distribution Co.
     Carefully consider the funds' investment objectives, risks, charges and
 expenses. This and other information is contained in the prospectus. To
 obtain a prospectus, contact Accessor Funds at 800.882.9612, P.O. Box 1748,
 Seattle, WA 98111, or visit www.accessor.com. Please read the prospectus
 carefully before investing.
     Contact:          Dana Grosser            Jason Rocker
     Company:          SEI                     Braithwaite Communications
     Voice:            610-676-2459            215-564-3200 x 10
     E-mail            dgrosser@seic.com       jrocker@braithwaitepr.com
 
 

SOURCE SEI

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.