SEI taps Lazard, Delaware Investments as subadvisers
SEI taps Lazard, Delaware Investments as subadvisers SEI Institutional Investments Trust hired Lazard Asset Management as subadviser of its SIIT World Equity Ex-U.S. Fund and SIIT Screened World Equity Ex-U.S. Fund, and hired Delaware Investments Fund Advisers as subadviser to the World Equity Ex-U.S. Fund, the company disclosed Tuesday in an SEC filing. The filing also noted the removal of Baillie Gifford as subadviser to the two funds. An SEI spokeswoman confirmed that the change was made because the firm was looking to allocate the assets to a higher-conviction strategy. SIIT World Equit...
Source: pionline.com