Compass Bancshares of Birmingham, Ala., has renewed its contract with SEI Investments to provide administrative and distribution services for the banking company's proprietary mutual funds.

SEI, of Oaks, Pa., will provide services such as fund accounting, strategic planning, product development, sales, and marketing support for the Expedition Funds for five years. There are four funds, with $912 million of assets under management, a spokeswoman said.

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