SEI hands £166m UK equity mandate to Four Capital Partners

SEI has handed a £166m UK equity mandate to Four Capital Partners followings its appointment of Philip Hardy.

The mandate was previously managed by Hardy at Polar Capital, and has been in place since August 2011. Hardy moved from Polar to join Four Capital Partners as a fund manager in October 2013, with the mandate subsequently transferred to enable SEI to retain Hardy's investment insight and experience. Four joins Invesco, Jupiter, Lindsell Train and Los Angeles Capital Management within the UK equity allocation in SEI's Strategic Portfolios. The portfolios are a range of seven manager of managers multi-asset funds. Jason Collins, head of the UK investment management unit at SEI, said: ...