Monsoon Capital Taps SEI to Service its Ucits Fund

SEI to also provide fund administration, in addition to servicing Monsoon's newly-launched Ucits IV fund.

Monsoon Capital, which recently launched a Ucits IV fund, has selected SEI to provide outsourcing services on the product. The Maryland-based asset manager says that it was SEI's ability to handle its trading volume as the key factor in signing on with the vendor.

SEI will provide fund administration to the firm, as well as trustee and custodial services for its Ucits fund. Monsoon will also tap SEI for data management and risk reporting via SEI's online Manager Dashboard.