SEI Appointed as Fiduciary Manager for Epson (UK) Ltd Pension Scheme

SEI Appointed as Fiduciary Manager for Epson (UK) Ltd Pension Scheme 
LONDON -- (Marketwire) -- 02/18/13 --  SEI (NASDAQ: SEIC) today
announced that it has been appointed as fiduciary manger by the
defined benefit pension scheme for Epson (U.K.) Ltd (Epson), the
global supplier of print and imaging products. SEI will act as
fiduciary manager for all assets of Epson's GBP  40 million defined
benefit scheme in the U.K. Epson used an independent consultant to
assist them in selecting a fiduciary manager. 
SEI will provide the Epson scheme with a Fiduciary Management
offering, which includes the implementation of asset and liability
matching strategies, the construction of an efficient investment
portfolio, and the selection and replacement of managers to run the
portfolio. Epson's trustees decided to engage a fiduciary manager
because of a desire to more actively and effectively manage the
scheme's funding level. The trustees wanted to implement a process
that would allow for nimble investment decisions, as well as a
process in which they could delegate the day-to-day management of the
scheme in order to focus more time on strategic objectives. 
Commenting on the appointment, Nigel Wildman, Chairman of Trustees of
the Epson (U.K.) pension scheme, said: 
"We decided to appoint a fiduciary manager because we were keen to
find a solution that would improve our scheme governance and allow us
to more effectively manage of our funding level. Both the trustees
and the company were impressed by SEI's proposals and track record in
fiduciary management. We were ready to take a more delegated approach
in an area that was becoming more complex and time consuming for a
trustee board that has no specialist investment knowledge or
background. Based on SEI's pitch, we have high expectations for them
as our fiduciary manager, and I can say that the transition process
to SEI has been delivered on plan and to our expectations." 
Commenting on the appointment, Patrick Disney, Managing Director of
SEI's Institutional Group in the EMEA region, said: 
"We are delighted that the Epson pension scheme has made the decision
to appoint SEI as fiduciary manager. As our success in 2012
indicates, fiduciary management continues to grow in popularity in
the U.K. and this win is a further demon
stration of how an approach
that aims to improve governance and decision making can benefit
trustees. We look forward to working with the trustees of this scheme
to achieve their objectives." 
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:
http://www.seic.com/institutions. 
About SEI 
 SEI (NASDAQ: SEIC) is a leading global provider of
investment processing, fund processing, and investment management
business outsourcing solutions that help corporations, financial
institutions, financial advisors, and ultra-high-net-worth families
create and manage wealth. As of December 31, 2012, through its
subsidiaries and partnerships in which the company has a significant
interest, SEI manages or administers $458 billion in mutual fund and
pooled or separately managed assets, including $201 billion in assets
under management and $257 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 Services Authority. 
No offer of any security is made hereby. Recipients of this
information who intend to apply for shares in any SEI Fund are
reminded that any such application may be made solely on the basis of
the information contained in the Prospectus. 
Company Contact: 
Caroline Deutsch 
SEI 
+44 0207 297 6408 
cdeutsch@seic.com  
Media Contact:
Sara Lyons
MHP Communications
+44 (0)203 128 8519
sara.lyons@mhpc.com 
 
 
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