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SEI wins MAN mandate

SEI Investments will manage the pension fund of MAN B&W Diesel, an account potentially worth £50m.

SEI will have overall discretion for the fund, carrying out asset allocation within guidelines set by Deloitte and Touche, for the MAN B&W Diesel defined benefit pension scheme.

SEI institutional business development head, UK Patrick Disney says: “We are delighted to announce this third mandate. We believe these schemes decided to outsource the investment management of their pension funds to us because our manager-of managers process will provide them with the best solution to meet their goal.”

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