Business
SEI Expands SMA and UMA Solutions with Suite of Equity and Fixed Income Strategies
New SEI-Managed and Third-Party Investment Options Further Bolster Flexibility for Advisors OAKS, Pa., Nov. 18, 2024 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today
About this update from Sei Investments Company
[{"type":"text","content":"New SEI-Managed and Third-Party Investment Options Further Bolster Flexibility for Advisors\nOAKS, Pa., Nov. 18, 2024 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today announced the launch of a new lineup of separately managed account (SMA) strategies, offered through the Managed Account Solutions program1 and designed to increase flexibility in both equity and fixed income solutions. The additions include SEI-managed strategies and third-party strategies from exceptional global investment firms, including AllianceBernstein, Loomis Sayles, and Parametric Portfolio Associates.\n\nJim Smigiel, Chief Investment Officer and Head of SEI's Investment Management Unit, said:\n\"We continue to integrate in-house expertise with premier third-party investment managers who share our commitment to innovation. Expanding our SMA offerings reflects our dedication to providing advisors with differentiated investment solutions that offer personalized strategies and access to, in our opinion, world-class portfolio management. We believe these offerings will provide advisors with robust options to help their clients achieve long-term financial success.\"\nWith SMAs posting the strongest growth rate (24.4%) of any managed account product category in the last year,2 both SMAs and unified managed accounts (UMAs) continue to exhibit strong growth. Designed to help advisors better serve mass-affluent, high-net-worth, and ultra-high-net-worth investors, the new strategies include:\nAllianceBernstein (AB): The AB Tax Aware™ Fixed Income (SMA) and AB Tax Aware™ Limited Duration (SMA) join the currently available AB Municipal Income Portfolio (SMA) and AB Municipal Impact Portfolio (SMA) strategies.Loomis Sayles: The Core Plus Fixed Income Managed Account, Core Fixed Income with Securitized Asset Fund Managed Account, Short Government Only Managed Account, and Government Only Managed Account join an existing set of strategies across equity, taxable fixed income, and tax-exempt fixed income categories.Parametric Portfolio Associates: The Custom Core Global ex-U.S. ADR strategy joins a robust existing set of Parametric's Custom Core® Equity solutions.SEI Investment Management Corporation: The Systematic Global Dividend Yield Core and Systematic International Equity Core (ADR) strategies join the existing lineup of direct index equity solutions, and the Systematic Gov...