SEI Investments Co. has opened an office in Dubai to serve customers in Middle East.
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The Oaks, Pa., provider of outsourced asset management, investment processing, and investment operations products and services, said Monday that the Dubai International Financial Centre formally recognized the new SEI office as a foreign branch Feb. 21, and the Dubai Financial Services Authority gave approval for SEI to do business there Feb. 24.
SEI administered $426 billion of mutual fund and pooled assets and managed $197 billion of assets at yearend.
