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Stock Market & Financial Investment News

News Breaks
February 14, 2013
05:55 EDTSEIC, SEICSEI management to meet with Oppenheimer
Meeting to be held in New York on February 21 hosted by Oppenheimer.
News For SEIC From The Last 14 Days
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May 24, 2013
14:08 EDTSEICSEI to host investor meeting
Investor meeting to be held in Oaks. PA on May 29 at 8:30 am. Webcast Link
May 22, 2013
14:02 EDTSEICSEI raises stock repurchase authorization and increases dividend 25%
The Board of Directors of SEI Investments Company declared a regular semi-annual dividend of 20c per share, a 4c, or 25% increase compared to its last regular semi-annual dividend. The cash dividend will be payable to shareholders of record on June 17, with a payment date of June 25. In addition, SEI's Board of Directors also approved an increase in its stock repurchase program by an additional $100M, increasing the available authorization under the program to approximately $139M. Since the beginning of calendar year 2013, the company repurchased approximately 1.8M shares at a cost of approximately $52.2M.
09:11 EDTSEICSEI's goals-based Strategic Portfolios hit GBP 1B AUM
SEI has announced that its flagship U.K. goals-based Strategic Portfolios have hit GBP1B in assets under management following strong client demand for the funds' pioneering investment approach. Launched in February 2010, the SEI Strategic Portfolios are a suite of seven risk-rated, multi-asset funds underpinned by a manager-of-manager investment structure that offers retail investors access to some of the best active institutional fund managers around the world. SEI measures the success of the Portfolios against a wide range of financial goals, taking into account different time horizons and risk profiles, rather than measuring performance against traditional benchmarks.

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