PRODUCTS AND VENDORS: SEI Investments and KPMG Peat Marwick have formed a strategic alliance to deliver a bundled 401(k) product. SEI will manage seven globally diversified asset allocation funds plus 26 institutional mutual funds and provide trust services while KPMG will do the recordkeeping, customer service and data management.

RESEARCH AND ANALYTICS: Barra introduced its so-called Cosmos System Global Optimizer for developing multi-currency fixed income portfolios, an addition to the c

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