LONDON, 31 July, 2014 –SEI (NASDAQ: SEIC) today announced the appointment of Paul Nevin as a Director in SEI’s Institutional Group based in London. Nevin, who will report to Nigel Down, Head of Client Service for the EMEA region, will be responsible for servicing SEI’s defined benefit clients in the U.K.
This appointment further demonstrates the increasing interest in SEI’s solutions for pension schemes in the U.K., where SEI has grown considerably over the last few years. In 2013, SEI added over £1 billion in new institutional assets in the U.K.
Nevin is a qualified actuary and joins SEI from Credit Suisse where he was Managing Director of Structured Solutions. Prior to that role, he worked at Towers Watson as a Senior Investment Consultant.
Commenting on the appointment, Nigel Down, Head of Client Service for the EMEA region, said:
“We are delighted to welcome Paul to SEI. Paul’s extensive industry experience and expertise will make him an invaluable addition to the team. His appointment is a reflection of the continued growth and success of our institutional business in the U.K.”
About SEI’s Institutional Group
SEI’s Institutional Group is one of the first and largest global providers of outsourced fiduciary management investment services. The company began offering these services in 1992 and today acts as a fiduciary manager to more than 450 retirements, non-profit and healthcare clients in seven different countries. Through a flexible model designed to help our clients achieve financial goals, we provide asset allocation advice and modelling, investment management, risk monitoring and stress testing, active liability-focused investing and integrated goals-based reporting. For more information visit: www.seic.com/institutions.
SEI (NASDAQ:SEIC) is a leading global provider of investment processing, investment management, and investment operations solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of June 30, 2014, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $602 billion in mutual fund and pooled or separately managed assets, including $249 billion in assets under management and $353 billion in client assets under administration. For more information, visit www.seic.com.
This information is issued by SEI Investments (Europe) Limited, 4th Floor, Time & Life Building 1 Bruton Street, London W1J 6TL which is authorized and regulated by the Financial Conduct Authority.