Back Office & Operations

Monsoon selects SEI for fund services


SEI has been selected by Monsoon Capital to provide fund administration, trustee and custodial services for the firm’s UCITS fund.

The managed futures strategy, Monsoon Asia-Pacific Systematic Fund, launched in September 2011 and is domiciled in Ireland.

The strategy uses a systematic and quantitative trading approach and SEI’s technology, which delivers a straight-through, automated process for trade reconciliation, was a key factor in the manager’s decision to select the outsourcer.

Gautam Prakash (pictured), founder and senior managing director of US-based Monsoon, says SEI tailored its reporting to support its specific needs. He adds: “We