SEI is on the search for a director of fixed income and multi-asset research.
The role will report to Stephen Beinhacker (pictured below), global head of manager research, and will oversee the firm's manager research team alongside Brad Mook, director of manager research on the equity side.
The position has been vacant since the second half of 2016 when Joe Hondros left the firm.
The new hire will be responsible for manager research and due diligence, overseeing the fixed income personnel and setting the strategic direction of the group.
It will also sit on the investment committee, alongside Beinhacker, Mook and a team of asset class specialists, which approves manager recommendations which portfolio managers can choose from.
The manager research team has approximately 20 members who cover US and international equity, US and international fixed income, specialty equity and multi-asset investments.
SEI uses approximately 135 external managers and has about 365 recommended strategies on its manager research platform of roughly $130 billion, which is used for institutional and advisor separate accounts, mutual funds, and unified managed accounts.
A few areas that the manager research team is currently running active searches include the international value equity and commodity spaces.
To find out more about how the team selects managers click here.
Brinker on the prowl for quant specialist
Brinker Capital is looking for a quantitative analyst to aid its asset allocation and manager research teams.
The head of quantitative investment strategy is a newly created position and will report directly to Jeff Raupp, director of investments.
They will be responsible for quantitative analysis in risk allocation, modeling, and factor views in addition to providing Brinker’s portfolio managers with investment recommendations.
There are currently 13 members on Brinker’s investment team, which is responsible for management and oversight of the firm’s 10 Destination portfolios.
In April, the 30-year old firm launched a range of 10 mutual funds subadvised by a host of portfolio managers, called Destinations Funds.
The firm runs a range of fee-based portfolios also branded Destinations, which previously invested in third party mutual funds.
These portfolios will now invest in Brinker’s own mutual funds, which will be run by the same managers as clients used before, only the managers will now run money on a subadvised basis.
To see how Brinker Capital picks managers click here.