SEI Drops Blackcrane Capital from SEI Institutional Trust International Equity Fund
Posted on 08/16/2020
SEI dropped Blackcrane Capital as one of its subadvisers for its SEI Institutional Trust International Equity Fund. SEI is in the midst of consolidating assets among its fund managers. As of June 30, 2020 the SIT International Equity Fund had US$ 3.8 billion in assets. Other subadvisers in the fund as of that date were Acadian Asset Management, Causeway Capital Management, INTECH Investment Management, Lazard Asset Management, Neuberger Berman, NWQ Investment Management Co. (Nuveen), and WCM Investment Management. After that date in June, SEI replaced Neuberger Berman with JO Hambro Capital Management.