OAKS, Pa., June 12, 2019 /PRNewswire/ -- SEI's Advisors'
Inner Circle Fund® Trust (AIC) has been selected by
Aperture Investors, LLC to provide a turnkey operating platform for
its Aperture New World Opportunities Fund (MUTF: ANWOX). Employing
an industry-disrupting fee structure, Aperture's fund primarily
invests in securities tied to emerging market economies and seeks
total return consisting of current income and capital appreciation.
Through SEI's (NASDAQ: SEIC) Investment Manager Services division,
AIC supplies customized operating infrastructure and services to
investment organizations around the world.
The AIC platform provides a comprehensive, flexible operating
structure and service solution, including an independent board of
trustees and a scalable infrastructure that encompasses fund
administration, accounting, investor servicing and distribution
services. Since its inception over 25 years ago, the platform has
grown significantly, supporting more than $70 billion in fund assets across 130 mutual
funds on behalf of 50 investment advisors.
Aperture's New World Opportunities Fund tries to identify the
best risk-adjusted returns and exploit inefficiencies across more
than 75 countries. The fund looks to outperform the Bloomberg
Barclays EM USD Aggregate 1-5 Year Total Return Index (BEM5TRUU),
and when performance is at or below the benchmark, Aperture charges
a management fee competitive with passive ETFs in the emerging
markets bond category. As outperformance is generated, Aperture
charges a performance-linked fee on returns in excess of the fund's
benchmark up to a cap.
"At Aperture, we believe it's the responsibility of active
managers to achieve outperformance, and we are focused on
prioritizing our clients and their investment experiences in order
to do so," said Peter Kraus,
Chairman and CEO of the New York
City based Aperture Investors. "SEI's impressive series
trust platform aligns with our commitment to provide high-quality
service and demonstrable value to our investors, and we're excited
to form a strategic partnership on this fund."
"We're pleased to provide Aperture Investors with an efficient,
flexible platform that can be customized to accommodate the unique
characteristics of the New World Opportunities Fund, while also
meeting the firm's high and differentiated investor experience
objectives. We look forward to supporting Aperture as they continue
their growth trajectory," said John
Alshefski, Senior Vice President and Managing Director of
SEI's Investment Manager Services division.
SEI helped pioneer the series trust concept by introducing the
Advisors' Inner Circle Fund Trust as an institutional-quality,
turnkey mutual fund operating platform in 1991. The AIC series
trust enables investment organizations to rapidly launch and grow
mutual funds and ETFs without having to build their own fund
operating infrastructure. The solution is also designed for asset
managers seeking a more cost-effective way to operate existing
funds.
About SEI
After 50 years in business, SEI
(NASDAQ:SEIC) remains a leading global provider of investment
processing, investment management, and investment operations
solutions that help corporations, financial institutions, financial
advisors, and ultra-high-net-worth families create and manage
wealth. As of March 31, 2019, through
its subsidiaries and partnerships in which the company has a
significant interest, SEI manages, advises or administers
$945 billion in hedge, private
equity, mutual fund and pooled or separately managed assets,
including $332 billion in assets
under management and $609 billion in
client assets under administration. For more information, visit
seic.com.
About SEI's Investment Manager Services
Division
Investment Manager Services supplies investment
organizations of all types with advanced operating infrastructure
they must have to evolve and compete in a landscape of escalating
business challenges. SEI's award-winning global operating platform
provides investment managers and asset owners with customized and
integrated capabilities across a wide range of investment vehicles,
strategies and jurisdictions. Our services enable users to gain
scale and efficiency, keep pace with marketplace demands, and run
their businesses more strategically. SEI partners with more than
550 traditional and alternative asset managers, as well as
sovereign wealth managers and family offices, representing over
$24.5 trillion in assets, including
45 of the top 100 asset managers worldwide. For more information,
visit seic.com/ims.
About Aperture Investors, LLC
Aperture is
reestablishing trust in the asset management industry by aligning
client interests with its own. Its mission is outperformance.
Aperture strategies charge low fees comparable with passive ETFs in
the same category when performance is at or below stated
benchmarks. When and only when returns are generated in excess of a
strategy's benchmark, Aperture charges a performance-linked fee.
Aperture investment teams are also compensated primarily on
outperformance rather than assets under management. Led by industry
veteran Peter Krause in partnership
with Generali, one of the world's largest insurers, Aperture's
mission is embedded in its fee and compensation structures, as well
as in the ways it openly engages with the investing community
online. To learn more about Aperture, its managers, and its
innovative structure, visit us at www.apertureinvestors.com.
Carefully consider the fund's investment objectives, risk,
and charges and expenses before investing. This and other
information can be found in the fund's full and summary prospectus,
which can be obtained by visiting www.apertureinvestors.com. Please
read the prospectus carefully before investing.
The Aperture New World Opportunities Fund is distributed by
SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated
with Aperture Investors LLC.
Investing involves risk, including possible loss of
principal. Bonds and bond funds will decrease in value as interest
rates rise. High yield bonds involve greater risks of default or
downgrade and are more volatile than investment grade securities,
due to the speculative nature of their investments. International
investments may involve risk or capital loss from unfavorable
fluctuation in currency values, differences in generally accepted
accounting principles or from social, economic or political
instability in other nations. Emerging markets involve heightened
risks related to these factors as well as increased volatility and
lower trading volume. The Fund may use derivatives and leverage,
which may increase volatility and magnify the Fund's gains or
losses.
Company
Contact:
|
Media
Contact:
|
Leslie
Wojcik
|
Sam
Reinhardt
|
SEI
|
Prosek
Partners
|
+1
610-676-4191
|
+1
646-494-7609
|
lwojcik@seic.com
|
sreinhardt@prosek.com
|
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SOURCE SEI