SEI Investments, a fund manager and administrator based in Oaks, Pennsylvania, has broken into the Asian market with its multi-manager platform via a strategic partnership with HSBC Republic.
This will let the private bank offer a manager-of-managers platform alongside its existing suite of single-manager products such as hedge funds.
Vincent Chu, regional managing director at SEI in Hong Kong, says once this partnership is established, SEI will look to expand distribution with other parties, although with a service arranged differently, so as to preserve a customized programme for HSBC Republic.
It's easy to find a distributor, Chu says. You can go to any bank or securities firm and offer...
