SEI's Collective Investment Trust Business Experiences Significant Growth – InsuranceNewsNet
SEI’s Collective Investment Trust Business Experiences Significant Growth PR Newswire OAKS, Pa., March 15, 2021 /PRNewswire/ -- SEI (NASDAQ:SEIC), a leading global provider of investment processing, investment management, and investment operations solutions, announced today that its collective investment trust (CIT) business has surpassed $100 billion in assets under administration (AUA) as of Dec. 31, 2020, representing a 20.5% increase in the firm's AUA from a year ago. Through SEI Trust Company, SEI launched 39 funds across 11 global investment managers, adding over $17.3 bill...
Source: insurancenewsnet.com