Welcome to our operational content channel sponsored by SEI. Here you will find frequently updated features on operational issues for hedge fund managers.
SEI was founded in 1968, SEI became a US public company in 1981 and is listed on NASDAQ under the ticker symbol SEIC. With our corporate headquarters based in suburban Philadelphia, Pennsylvania, and a significant presence in London and Dublin, our 2700+ employees serve asset managers and institutional investors around the globe.
To help investment managers compete and succeed in an environment of escalating challenges, risks and complexity, SEI Investment Manager Services provides the sophisticated operating capabilities and services needed to optimise their business performance across key product structures, asset classes and domiciles. Alternative and traditional asset managers worldwide currently entrust over USD700 billion in assets with us.
Setting up the Middle Office: Part 1
SEI's Holly Miller and Ross Ellis explain the core tenets of establishing a successful middle office…
Big Data is not just about aggregation, it’s about data governance and insight
Regulation and more detailed operational due diligence questionnaires used by institutional investors are pushing hedge funds to the limit of data management. Transparency is as great as it has ever been, but with that comes the need to process enormous volumes of data. Right now, however, large numbers of hedge funds do not have the required operational infrastructure to run a 'Big Data' strategy.
Reinventing Buy-side Infrastructure: Buy vs. Build has given way to Partner or Perish
The asset management industry is going through a transformative period dominated by two somewhat conflicting trends: growth and uncertainty. Revenue growth and operational efficiency are always primary business drivers, but paired with flat budgets and growing regulatory requirements, today’s asset managers often face difficult decisions about future planning.
Data management and reporting solutions are key to achieving operational efficiency
It’s a fair assumption to say that the proliferation of hedge fund regulation has spurred technology providers to produce newer, innovative solutions.
Navigating the New Operational Frontier
Every investment management firm knows that even seemingly minor operational oversights or mistakes can have huge repercussions. That’s why operational departments work hard to automate and fail-safe their processes, conduct extensive reconciliations, and develop detailed workflows and procedures. A great deal is at stake, and not just in terms of direct financial costs and legal liability.
SEI: An eyes wide open approach to launching a ’40 Act Fund
Last summer Fidelity’s Portfolio Advisory Service invested USD1bn in the Blackstone Alternative Multi-Manager Fund, in addition to joining forces with Arden Asset Management to introduce a multi-manager alternative fund. This is a big opportunity for fund of hedge fund managers like Arden. By selling liquid alternatives as multi-manager ‘40 Act funds, it is helping to almost rebrand funds of funds, which have suffered a reputational hit since the financial crisis.
SEI expands Advisors Inner Circle trust solution to include alternative strategies
SEI has launched The Advisors’ Inner Circle Fund (AIC) III with an eye towards helping managers of private funds enter the retail space. AIC III is the third series trust in the AIC platform that SEI first introduced over 20 years ago and was developed to provide managers with a turnkey solution for the operations of retail mutual funds.
SEI to provide operational outsourcing for Duet hedge fund family
SEI has been selected by Duet Alternative Investments (USA) Ltd, a subsidiary of Duet Group, to provide operational outsourcing services for the firm’s emerging macro hedge funds. SEI will provide Duet (USA) with a suite of operational outsourcing services in a straight-through-processing environment.
US hedge funds react to new regulatory paradigm
This year’s Hedgeweek USA Awards event, held at the ‘Les Trois’ private room at Restaurant Ca Va in the Intercontinental Hotel, brought together an exclusive group of some of the hedge fund industry’s leading practitioners. Fom leading high yield credit hedge funds such as Jeff Peskind’s Phoenix Investment Adviser LLC, DUNN Capital Management and Paulson & Co, through to Goldman Sachs (Best North American Prime Broker), Rothstein Kass and leading administrators’ SEI and Meridian Fund Services, the atmosphere left one in no doubt that the esprit de corps is fervent within the US hedge fund industry.
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