US - SEI investments announced improved institutional inflows in 2007 leading to increased operating profits for the year.
Alfred P West Jr, chairman and CEO, SEI, said: "We continue to be satisfied with the progress we are making, even in the face of difficulties created by capital and credit markets."
Overall, SEI's assets under management fell by $4.9bn (€3.2bn) to US$196.8bn during the final quarter of 2007, due to market depreciation.
However, its assets under management from institutional investors rose from $42.1bn at the end of December 2006 to $49.3bn at the end of the following year.
In December 2007, the Pennsylvania State Employees' Retirement System awarded SEI a $50m mandate for to invest in its collateralised loan obligation strategy.
The PPI has unveiled a policy paper outlining current considerations and policy debates relevant to DC scheme default strategies. Kim Kaveh explores some of its views.
The £30bn local government pension pool has appointed Quoniam and Robeco to manage an active equity portfolio worth around £400m.
The volume of insured buyouts from FTSE 100 defined benefit (DB) schemes could increase from £5bn to £300bn by 2029, according to Lane Clark & Peacock (LCP).