eSecLending to Work With SEI Fund Family

November 27, 2002 ( - eSecLending, LLC, a securities lending manager, will provide securities lending services for portfolios in the Advisors' Inner Circle Fund family (AIC).

The funds are distributed by SEI Investments (SEIC).

Securities lending is an investment discipline in which institutional investors, including pension funds and mutual funds, lend securities to earn incremental income on their holdings.

Lending securities plays an important role in the global financial system, and the size of the market is estimated between $1.5 trillion and $2 trillion worldwide, according to eSecLending.