WAYNE, Pa. - SEI Investments launched a program to assist smaller tax-exempt funds in managing their assets and liabilities.
SEI will combine its existing manager-of-managers funds with asset-liability consulting services.
The new program will be sold through registered investment advisers and financial planners to pension funds, endowments and foundations with $5 million to $25 million. SEI's research shows many funds that size are not globally diversified and do a poor job of matching assets and liabilities.
