Products March 11, 2004
eSecLending to Work With SEI Fund Family
November 27, 2002 (PLANSPONSOR.com) - eSecLending,
LLC, a securities lending manager, will provide securities
lending services for portfolios in the Advisors' Inner Circle
Fund family (AIC).
Reported by Fred Schneyer
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.