Advisor's Inner Circle Fund Trust Powers
Growth for Asset Managers
OAKS,
Pa., Oct. 30, 2024 /PRNewswire/
-- SEI® (NASDAQ:SEIC) today announced that
3EDGE Asset Management (3EDGE) selected the Advisors' Inner Circle
Fund® (AIC) series trust as its operational platform to
launch four new ETFs, which include:
- 3EDGE Dynamic Fixed Income ETF (NYSE: EDGF)
- 3EDGE Dynamic Hard Assets ETF (NYSE: EDGH)
- 3EDGE Dynamic International Equity ETF (NYSE: EDGI)
- 3EDGE Dynamic U.S. Equity ETF (NYSE: EDGU)
Global ETF assets under management continue to grow and are
expected to exceed $19.2 trillion by
June 2028.1 Following a
record year of U.S. ETF launches in 2024, 2 asset
managers like 3EDGE are entering the market to meet investors'
evolving preferences in product type, asset allocation, and
investment choices, and they are increasingly outsourcing fund
operations to capitalize on these trends.
Monica Chandra, President of
3EDGE Asset Management, said:
"We have seen a strong demand for our active, tactical
investment approach. These ETFs can be used standalone or as
building blocks for multi-asset strategies and will help us deliver
enhanced tax efficiency, while reducing portfolio turnover and
transaction costs. SEI's Advisors' Inner Circle platform delivers a
strong operational infrastructure along with high-touch service. We
appreciated the support of SEI's ETF specialists in helping us
bring these solutions to market and bridge the gap between our
approach as an asset manager and the new demands of managing an
ETF."
John Alshefski, Senior Vice
President and Head of SEI's Traditional Investment Managers
business, said:
"We are pleased to welcome 3EDGE Asset Management to the
Advisors' Inner Circle Fund platform and are committed to providing
them with the specialized skills and expertise required to
successfully navigate the ETF ecosystem. We look forward to helping
3EDGE scale their business, while supporting their success and
growth in the ETF market."
SEI's AIC recently reached $100
billion in net assets, supporting 47 clients and 128
funds.3 The Company helped pioneer the series trust
concept more than 30 years ago by introducing the AIC with an
institutional-quality turnkey mutual fund operating platform.
Today, the AIC enables investment organizations to rapidly launch
and grow mutual funds, ETFs, and interval and tender offer funds
without having to build their own fund operating infrastructure.
The platform is designed for asset managers seeking a more
cost-effective way to operate their existing funds.
1 PWC, "ETFs 2028: Shaping the future." March 6, 2024.
2 Morningstar Direct, "ETFs See Near-Record Inflows in
July as US Fund Flows Heat Up." Aug. 19,
2024.
3 As of June 30,
2024.
About SEI®
SEI (NASDAQ:SEIC) delivers
technology and investment solutions that connect the financial
services industry. With capabilities across investment processing,
operations, and asset management, SEI works with corporations,
financial institutions and professionals, and ultra-high-net-worth
families to help drive growth, make confident decisions, and
protect futures. As of Sept. 30,
2024, SEI manages, advises, or administers approximately
$1.6 trillion in assets. For more
information, visit seic.com.
About SEI's Investment Managers business
SEI's
Investment Managers business provides advanced operating
infrastructure for investment organizations of all types to evolve
and compete in a landscape of escalating business challenges. SEI's
global operating platform delivers customized and integrated
capabilities across a wide range of investment vehicles,
strategies, and jurisdictions to investment managers and asset
owners. The company's services enable users to gain scale and
efficiency, keep pace with marketplace demands, and run their
businesses more strategically. SEI partners with more than 320*
traditional asset managers, alternative managers, and sovereign
wealth managers, including 43 of the top 100 asset managers
worldwide.** For more information, visit seic.com/ims.
*Does not include family office clients.
**Based on Pensions & Investments' "Largest Money
Managers" 2023 ranking.
About 3EDGE Asset Management
3EDGE Asset Management,
LP, is a multi-asset investment management firm serving the advisor
marketplace, institutional investors, and private clients. Driven
by the firm's proprietary global capital markets model, 3EDGE
offers a full suite of actively managed strategies that act as
tactical diversifiers seeking to generate consistent, long-term
investment returns, regardless of market conditions, while seeking
to manage downside risks. 3EDGE manages $1.33 Billion in Assets Under Management and
approximately $533 Million in Assets
Under Advisement (AUA) as of 8/31/2024. AUA includes
non-discretionary assets managed by other registered investment
advisers using 3EDGE's model portfolios. Learn more at
www.3edgeam.com.
Important information
Carefully consider the Funds'
investment objectives, risk factors, charges, and expenses before
investing. This and additional information can be found in the
Fund's full or summary prospectus, which may be obtained by
visiting 3edgeetfs.com. Read the prospectus carefully before
investing.
Investing involves risk, including possible loss of capital.
The Funds are distributed by SEI Investments Distribution Co.
(SIDCO, 1 Freedom Valley Drive, Oaks,
PA 19456) which is not affiliated with 3EDGE Asset
Management.
Company
Contact:
|
Media Contact:
|
Leslie
Wojcik
|
Kerry Mullen
|
SEI
|
Vested
|
+1
610-676-4191
|
+1
917-765-8720
|
lwojcik@seic.com
|
kerry@fullyvested.com
|
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SOURCE SEI Investments Company