SEI Canadian Equity and SEI Emerging Market Equity Funds Honoured for Performance Excellence
TORONTO, Feb. 22 /CNW/ - SEI (NASDAQ: SEIC) announced today that two of its funds: the SEI Canadian Equity Fund and the SEI Emerging Markets Equity Fund, were awarded 2010 Canadian Lipper Fund Awards for outstanding performance excellence.
The Lipper Fund Awards program honours funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers. It takes place in 21 countries in Asia, Europe, MENA, and the Americas.
Roy Borzellino, Senior Portfolio Manager, SEI's Investment Management Unit, credits the recognition with SEI's ability to take advantage of "best in class" strategies. "The success of SEI funds is based on our unique portfolio management philosophy, which combines a number of different alpha sources into a single fund," said Borzellino. "SEI funds are constructed with the best portfolio managers in their respective investment areas, who each have demonstrated skill in their unique investment style. SEI believes that the combination of styles contributes to long-term outperformance and high risk-adjusted returns."
The SEI Canadian Equity Fund earned the award in the Canadian Equity category over the most recent 10-year period. The goal of the SEI Canadian Equity Fund is to achieve long-term growth combined with a disciplined risk management philosophy.
The SEI Emerging Markets Equity Fund captured top spot in the Emerging Markets Equity category over the most recent 10-year period. The goal of the SEI Emerging Markets Equity Fund is to provide long-term growth through broad participation in a portfolio of emerging market country issuers.
SEI Funds invest utilizing a manager-of-managers investment strategy that combines multiple specialist portfolio managers. Each portfolio manager is responsible for managing a portion of the fund in accordance with a specific mandate based on their specific area of expertise. Portfolio managers are carefully selected using in-depth quantitative and qualitative research. Once appointed, they are subject to an on-going disciplined and rigorous monitoring process.
About the Lipper Fund Awards
The Lipper Fund Awards are part of the Thomson Reuters Awards for Excellence, a global family of awards that celebrate exceptional performance throughout the professional investment community. The Thomson Reuters Awards for Excellence recognize the world's top funds, fund management firms, sell-side firms, research analysts, and investor relations teams. The Thomson Reuters Awards for Excellence also include the Extel Survey Awards, the StarMine Analyst Awards, and the StarMine Broker Rankings. For more information, please contact firstname.lastname@example.org or visit excellence.thomsonreuters.com.
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 December 31, 2009, through its subsidiaries and partnerships in which the company has a significant interest, SEI administers US$392 billion in mutual fund and pooled assets and manages US$158 billion in assets. SEI serves clients, conducts or is registered to conduct business and/or operations, from numerous offices worldwide. For more information, visit www.seic.com.
For further information: For further information: Company Contact: Sarah Hanson, SEI, (416) 847-6368, email@example.com; Media Contact: Debra Chan, Argyle Communications, (416) 968-7311 ex. 229, firstname.lastname@example.org