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SEI's Collective Investment Trust Business Experiences Significant Growth – InsuranceNewsNet


SEI’s Collective Investment Trust Business Experiences Significant Growth
PR Newswire
OAKS, Pa.,
March 15, 2021 /PRNewswire/  SEI (NASDAQ:SEIC), a leading global provider of investment processing, investment management, and investment operations solutions, announced today that its collective investment trust (CIT) business has surpassed
$100 billion in assets under administration   (AUA) as of
Dec. 31, 2020, representing a 20.5% increase in the firm s AUA from a year ago. Through SEI Trust Company, SEI launched 39 funds across 11 global investment managers, adding over
$17.3 billion in CIT assets in 2020.
The growth of SEI s CIT business is driven by its established turnkey operational platform and experienced, professional staff, enabling investment managers, retirement plans, consultants and advisors an efficient way to gain access to SEI s extensive CIT line-up. SEI s growth is further driven by other industry factors, including continue ....

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First Eagle Senior Loan Fund Declares Monthly Distribution of $0.07 Per Share and Announces Management Change


January 29, 2021
A portion of the distribution may be treated as paid from sources other than undistributed net investment income, including but not limited to short-term capital gain, long-term capital gain or return of capital. As required by Section 19(a) of the Investment Company Act of 1940, a notice will be distributed to the Fund’s shareholders in the event that a portion of the distribution is derived from sources other than undistributed net investment income. In January or February of each year, investors will be sent a Form 1099-DIV for the previous calendar year that will define how to report the Fund s distributions for federal income tax purposes. ....

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Sigmund Stern Grove


Sigmund Stern Grove
Copyright © 2002 Jacob Pemberton
Excerpted with permission from Mr. Pemberton s paper: Amid the Sand and the Fog: The Development of the Sunset District of San Francisco, 1930-1940
The final aspect that was crucial to the growth of the Sunset as a distinct district was the establishment within the district of a few of the city s premier recreational and cultural institutions, including Fleishhacker Pool and the various attractions in Golden Gate Park. But perhaps most noteworthy among these institutions is Sigmund Stern Grove, located on a parcel of land along Sloat Boulevard that was donated to the city in 1931 by Rosalie Stern, widow of Sigmund Stern and President of the city Playground Commission (later renamed the Recreation Commission). ....

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