SEI launces low-risk fund

The Enhanced Income fund is the latest product in the firm’s manager-of-managers range and promises investors competitive returns and capital preservation. The specially-selected managers will use enhanced cash, bank loan management and currency alpha overlay strategies to run the fund. Some of the managers, SEI said, had only been available to institutional investors in the past. SEI will be responsible for the portfolio structure as well as selecting, evaluating and replacing the mangers. This approach is aimed at delivering consistent returns, keeping volatility low and providing ...