GLOBAL - SEI Investments Company achieved a significant 23% increase in its third quarter profit while revenue was up more than half, thanks largely to the consolidation its equity stake in LSV Asset Management.
Revenue climbed to $298m - a 54% increase from he $193m achieved in Q3 2005 - with $75m of that attributable to the consolidation of SEI's LSV Asset Management. stake SEI began to consolidate t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders