MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, December 13, 1999 SEI To Provide Back Office for UAM Funds Most of the news about United Asset Management (UAM) has leaned towards the negative side these days as the company fights through a difficult period, with the media discussing the defection of the company's CEO-in-waiting, how a possible breakup might occur and the value of the company in separate units as much higher than the present public holding company arrangement.
The conversion of UAM's funds was completed on November 1, 1999, and includes several of SEI’s automated processes -- Advisor Alert, Portfolio OnLine, and TradeNet. “We selected SEI because of their focus on state-of-the-art technology and streamlining the funds administration process,” said Gary French, president of UAM Fund Services, Inc. “One of the most important services SEI will provide is keeping our portfolio managers updated on fund activities ... we are always looking for ways to improve communications and information flow to our investment managers and fund shareholders,” French added. Printed from: MFWire.com/story.asp?s=25275 Copyright 1999, InvestmentWires, Inc. All Rights Reserved |
