SEI makes Asia inroad for multi-manager product

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 othe…