is reportedly making a number of changes to its subadvisor lineup. The Oaks, Pennsylvania-based fund advisor has tapped Neuberger Berman Management
for its subadvisor group, according to PIOnline
. It also dropped Montag & Caldwell
from the group.
SEI has not issued a statement on why the changes were made at this time.
The manager-of-managers also made a number of shifts to the line-up of
subadvisors on its small cap fund. It added AQR Capital Management
and dropped BlackRock Capital Management
, Integrity Asset Management
, Martingale Asset Management
, McKinley Capital Management
from the mandate.
On its Real Return fund, SEI tapped Wellington Management
and dropped Deutsche Investment Management Americas
, according to the report.
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