OAKS, Pa., Jan. 9 - SEI (Nasdaq: SEIC), a leading global provider of asset management services and investment technology solutions, today announced that Causeway Funds has extended SEI's contract to provide fund administration for the Causeway International Value Fund (CIVIX; CIVVX). SEI has been the administrative partner for the fund since its inception in 2001.
Under the agreement, SEI's Investment Manager Services unit will provide fund accounting and administration for Causeway International Value Fund. SEI's client service over the first four years of the contract and its cost- effective, proactive business model were pointed to as key factors in the renewal decision.
"Our priority remains to provide our fund shareholders with the highest level of service and value, and SEI has been outstanding in helping us meet that objective," said Gracie Fermelia, Chief Operating Officer of Causeway Capital Management, the fund's investment adviser.
"We've been with Causeway since the fund was formed so this renewal is special," said Steve Meyer, head of SEI's Money Manager segment. "We're looking forward to working with Causeway to continue delivering excellent service to the fund's shareholders."
About SEI's Investment Manager Services Unit
SEI's Investment Manager Services unit provides comprehensive outsourcing solutions to investment managers focused on mutual funds, hedge funds, separately managed accounts and private client services. We apply operating services, technologies, and business and regulatory knowledge to each client's business objectives. Our resources enable clients to meet the demands of the marketplace, sharpen business strategies, and improve financial performance.
About SEI
SEI (Nasdaq: SEIC) is a leading global provider of asset management services and investment technology solutions. The company's innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. As of the period ending September 30, 2005, through our subsidiaries and partnerships in which we have a significant interest, SEI administers $321.7 billion in mutual fund and pooled assets, manages $138.5 billion in assets, and operates 22 offices in 12 countries. For more information, visit http://www.seic.com.
About Causeway Capital Management
Los Angeles-based Causeway Capital Management LLC provides investment management services to corporate pension, public, Taft-Hartley, endowment, foundation, mutual fund and other clients. Causeway's team-based, value- driven investment approach combines in-depth fundamental research, active portfolio construction, and disciplined risk management to provide clients diversified exposure to mid- and large-cap equities primarily in developed markets outside the United States. The firm, majority owned by its employees, managed approximately $14.7 billion on behalf of clients as of September 30, 2005. More information on Causeway's investment team and process, and on the Causeway International Value Fund, is available at http://www.causewayfunds.com.
Contact: Larry Wexler Jason Rocker
Company: SEI Braithwaite Communications
Voice: 610.676.1440 215-564-3200 x 10
E-mail: lwexler@seic.com jrocker@braithwaitepr.com
