MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, April 5, 2011 Two SEI Funds Add Sub-Advisors SEI Investments [see profile] just added new sub-advisors and PMs to a pair of its funds. Yesterday the Oaks, Pennsylvania-based firm filed to add Los Angeles-based del Rey Global Investors to the International Equity Fund and Philadelphia-based Delaware Management Company [see profile] to the Emerging Markets Equity Fund [see filing]. A spokesperson for SEI was not immediately able to comment on the moves, and the filing provides no explanation of why SEI added the two sub-advisors. Paul Hechmer, del Rey's founding partner and chief investment officer, joins International Equity as a PM. The fund already includes a number of other sub-advisors: Acadian Asset Management, Causeway Capital Management, Janus' Intech Investment Management, Neuberger Berman, Quantitative Management Associates, Schroder Investment Management and Tradewind Global Investors. (Prior to joining del Rey in 2009, Hechmer spent three years at Tradewind.) And Delaware's Liu-Er Chen, senior vice president and chief investment officer of emerging markets and healthcare, joins Emerging Markets Equity. The fund's existing sub-advisors include: Artisan Partners, The Boston Company Asset Management, J O Hambro Capital Management, Lazard Asset Management and PanAgora Asset Management, as well as Neuberger. Printed from: MFWire.com/story.asp?s=36465 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |