SEIC profits up 23% in Q3

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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...

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