Business
SEI Unveils New Direct Index and Factor Investment Strategies
SEI-Managed Investment Options Bolster Choice, Control, and Customization in SMA and UMA Solutions Through Managed Accounts Program OAKS, Pa., Aug. 6, 2024
About this update from Sei Investments Company
[{"type":"text","content":"SEI-Managed Investment Options Bolster Choice, Control, and Customization in SMA and UMA Solutions Through Managed Accounts Program\nOAKS, Pa., Aug. 6, 2024 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today announced a range of additional investment strategies to its Separately Managed Account (SMA) and Unified Managed Account (UMA) solutions offered through the Managed Account Solutions program.1 The additional strategies were developed in response to feedback from some of the company's largest strategic clients and include the launch of fixed income-based direct indexing investment strategies that enhance SEI's existing lineup of individual bond strategies, as well as dividend-focused equity options delivered through SEI's SMA capabilities in direct indexing and factor investing.\n\nJim Smigiel, Chief Investment Officer and Head of SEI's Investment Management Unit, said:\n\"We remain steadfast in delivering solutions rooted in advice, customization, and stability for our clients. Our internal capabilities provide access to the entirety of the capital markets through SEI's direct indexing solutions, factor strategies, and individual bond portfolio management. Our solutions give advisors choice in their client recommendations, empowered by SEI's conviction. SMAs and UMAs provide flexibility and tax-optimization, and as adoption increases, we continue to deliver optionality.\"\nUMAs have exhibited strong growth rates over the last half-decade, with assets climbing at an annual rate of 34%, and strong growth for UMA programs is expected over the next four years.2 SEI's SMAs, complemented with a differentiated UMA structure, provide for greater control and personalization. Designed to help advisors better serve mass-affluent, high-net-worth, and ultra-high-net-worth investors, the new strategies include:\nSystematic U.S. Aggregate Bond Core strategy - Provides exposure to the U.S. aggregate fixed-income market, while seeking to provide an overall risk-factor exposure that is similar to that of the benchmark index.Systematic Municipal Bond Core strategy - Provides exposure to the intermediate municipal bond market, while seeking to provide an overall risk-factor exposure that is similar to that of the benchmark index.Systematic U.S. Dividend Yield Core strategy - Seeks to provide a return similar to that of a dividend yield-focused index an...