Standard Life says the investment solutions cater to various risk levels and are designed to deliver consistent returns.
SEI currently manages $199 billion in assets.
Standard Life head of investment development Graham Dow says: “The addition of SEI’s manager of managers solutions demonstrates our commitment to ensuring that advisers and their clients have access to the best investment solutions available on the market.
“A manager of managers solution is an efficient and scalable way for advisers to manage their clients’ funds, and we were impressed by SEI’s investment approach, its pedigree with advisers in the UK and US, and its philosophy of helping advisers improve their business.”
SEI managing director, financial advisory business Ryan Hicke says: “We have proven for over 20 years to be able to tangibly assist financial advisers to improve their overall business proposition, particularly in the context of investors demanding greater levels of advice and more sophisticated investment solutions.
“Outsourcing the investment management process can begin to address these needs by providing a superior investment management service and freeing the time and resources of advisers to work with their clients more effectively hence creating more meaningful long-term relationships.”