People Moves

SEI Adds To Global Wealth Services Business

Tom Burroughes Group Editor London 23 May 2012

SEI Adds To Global Wealth Services Business

SEI has boosted its Global Wealth Services Business in London with a senior hire at a time when the firm is benefiting from other firms' changes to their business models.

SEI, the US-headquartered investment and consultancy group,
has appointed Anita Juneja to its Global Wealth Services business in London, holding the post
of relationship director.

Juneja has worked for more than 15 years in client service
and sales management, specifically within mutual fund and platform
organisations. Previously, she was head of strategic relationships for Close
Brothers Asset Management in London.
She has also held positions at Cofunds and Lazard Asset Management.

"Anita’s appointment will support the continued
momentum of SEI’s Global Wealth Services offering. Her extensive experience in
client service will help us assist our existing clients, add new firms, and
grow SEI’s Global Wealth Services business,” Ryan Hicke, managing director,
SEI’s Global Wealth Services UK.

The Global Wealth Services business provides outsourcing
arrangements for wealth managers combining wealth processing technology and
wealth management programs, coupled with business process expertise.

As of March 31, 2012,SEI manages or administers $428
billion in mutual fund and pooled or separately managed assets, including $189
billion in assets under management and $239 billion in client assets under
administration.

The firm has told this publication that its Global Wealth Services business is benefiting as wealth managers look to re-shape their business models in the face of new regulatory pressures and client demands. 

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