In December SEI completed the conversion of AGIMA which, with approximately $29bn in assets under management.
SEI said it is delivering automated business processes, account administration, reconciliation, and reporting, and has also expanded its offering to provide AGIMA with customized trading services.
Allianz Global Investors Managed Accounts head of managed accounts John Stergiou said SEI has a comprehensive suite of services and proven track record of seamlessly converting SMA operations without sacrificing quality.
"We are looking forward to working together with SEI to continue to provide our clients with superior service," Stergiou said.
John Alshefski, senior vice president at SEI’s Investment Manager Services division said whether it’s SMAs, mutual funds, or alternative investments, they have continually proven that they have industry-leading platforms and processes to support the largest global managers.
"We’re particularly proud to be working with AGIMA because of the size, scope, and reputation of their business. The strong team we have in place understands the industry and AGIMA’s specific needs, and they continue to execute successful conversions. We look forward to supporting AGIMA and their clients for years to come," Alshefski said.
