MFS Investment Management has selected SEI Investments to outsource the administration of it separate account business.

According to a release, SEI will provide account administration, reconciliation, compliance, documentation and real-time access to accounts, according to a news release.

"Given our rate of growth and product expansion, the ability to profitably scale our SMA business is a priority," stated Bill Taylor, managing director and senior vice president of MFS Private Portfolio Services.  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE