Proposition Overview
SEI company profile Founded in 1968, publicly listed company (NASDAQ: SEIC), around 40% of its shares are held by employees, senior management and board members Over US$1.24bn annual revenues and US$139mn profit* A leading Manager-of-Manager programme in the US with 93.7bn AUM* Global Representative Clients Select Adviser Firms University of Bristol Diamond Trading Company The BOC Group Commerzbank Mercedes Benz Deloitte & Touche LLC Qantas Airways AT&T Exchange rate (as at 29/01/2009): 1 US Dollar = 0.69928 British Pound *As at 31 December 2008 2
Evolution of fund management The SEI Manager of Managers process aims to deliver a more intelligent and disciplined approach to managing money 3. Fund of Funds 4. SEI Manager of Managers 2. Stockbrokers 1. DIY Time Access to information Monitoring Single Manager Direct Equities Static Portfolios Cost International Exposure Limited Choice Control Transparency of holdings Cost Research Team Consistency Access to managers Diversification Ongoing monitoring and control
Manager of Manager the leading outsource solution Access to some of the world s best managers, not just retail funds A process with the rigorous objectivity to change drifting managers Solution previously only available to large institutional investors Monitoring of managers - by a dedicated team A process designed to manage risk and deliver consistent returns
Financial markets do not perform consistently Best performing Worst performing Based on annual returns of indices between 01/01/1997 & 31/12/2007. Sources SEI Investments (Europe) Ltd, Indices; SEI sources data directly from the following vendors: Morgan Stanley Capital International (MSCI), Russell, TOPIX, Lehman Brothers and Merrill Lynch in base currencies and converts to the relevant currency using WM Reuters 4pm Spot rates. *JPM EMD Global Diversified Index used from 01/01/06 31/12/07
SEI s Manager research process For illustration purposes only Idea Generation Market assessment Alpha Source analysis Quantitative analysis Economies of scale Industry knowledge 68,000 3,000 Fundamental Analysis Historical holdings analysis Portfolio characteristics Quality of track record Risk management assessment Ongoing Monitoring Ongoing dialogue Daily holdings analysis On-site visits Competitive analysis 45 1,000 Qualitative Analysis Conference calls On-site visits Quality of personnel Articulation of process
Monitoring as an effective sell discipline Focus on leading vs. lagging indicators For illustrative purposes only Better Ideas 21.1% Organisation 15.8% Performance 21.1% Reasons for sell decision Organization Investment team Structural Change in Market Process Better Ideas Change of Style Process 5.3% Stability, liquidity event, etc. Turnover, generational transition Investment process no longer effective Inability to exploit inefficiencies, asset growth Better Source of Alpha Investment Team 36.8% Advantages of SEI s sell discipline Decision speed Back-up managers Market and industry analysis
SEI s Investment Management Unit: A critical competitive advantage structured to meet client s objectives Canada United Kingdom United States (Oaks-Corporate HQ) Hong Kong South Africa Client Portfolio Management 92+ Professionals Portfolio Strategy Global Investment Strategy Fundamental Research Quantitative Research Average Experience Average SEI Tenure 13+ Years 7+ Years Global Fixed Income Non-Directional Strategies Global Equity Execution and Operations Global Private Markets More than 66% with CFA s &/or MBA s
SEI Adviser Tools For Illustrative Purpose Only Select Adviser Micro-site http://www.seic.com/advisers/ Model Sheets SEI Fund Sheets Sales Aids User: sei Password: client SEI Select Adviser Quarterly Information Pack Q1 2009 Quarterly Information Packs Monthly Flash Commentary Flash Commentary Series Performance Sheets
SEI Adviser Contacts Tony Walters Sales Director twalters@seic.com 0207 297 6309 / 07826 946450 Abbie Tanner Sales Director atanner@seic.com 0207 297 6405 / 07824 492242 Richard Hooper Sales Associate rhooper@seic.com 0207 297 6342 / 07800 923195
Important Information This document and its contents are directed only at persons who have been classified by SEI Investments (Europe) Limited as a Professional Client, or an Eligible Counterparty, for the purposes of the FSA New Conduct of Business Sourcebook. This information is issued by SEI Investments (Europe) Limited, 4th Floor, Time & Life Building 1 Bruton Street, London W1J 6TL which is authorised and regulated by the Financial Services Authority. No offer of any security is made hereby. Recipients of this information who intend to apply for shares in any SEI Fund are reminded that any such application may be made solely on the basis of the information contained in the Prospectus. This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any stock in particular, nor should it be construed as a recommendation to purchase or sell a security, including futures contracts. The value of an investment and any income from it can go down as well as up. Investors may not get back the original amount invested. If the investment is withdrawn in the early years, it may not return the full amount invested. In addition to the normal risks associated with equity investing, international investments may involve risk of capital loss from unfavourable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. Narrowly focused investments and smaller companies typically exhibit higher volatility. Products of companies in which technology funds invest may be subject to severe competition and rapid obsolescence. Whilst considerable care has been taken to ensure the information contained within this document is accurate and up-todate, no warranty is given as to the accuracy or completeness of any information and no liability is accepted for any errors or omissions in such information or any action taken on the basis of this information. Past performance is not a guarantee of future performance. Investment in the range of SEI s Funds is intended as a long-term investment.