SEI Investments Company ("SEI"), a leading provider of asset management and technology solutions, has partnered with HSBC Republic, the international private banking division of the HSBC Group, to provide HSBC Republic’s clients with a Manager-of-Managers managed account programme.

The new service, called Strategic Investment Solutions, combines HSBC Republic’s client relationship management expertise and SEI’s extensive experience in portfolio management and evaluation.

Strategic Investment Solutions will provide private banking clients with externally managed, best of breed multi-manager investment portfolios tailored to clients’ individual financial needs, and will complement HSBC Republic’s expertise in hedge fund investment and management.

The Strategic Investment Solutions programme is available now through HSBC Republic offices in Geneva, Hong Kong, Singapore and Zurich. The programme will be expanded to the Americas, the United Kingdom and the Channel Islands, Monaco and Luxembourg in the near future.

Notes to editors
1. SEI Investments
SEI Investments (NASDAQ:SEIC) is a leading global provider of asset management and investment technology solutions. The company’s innovative solutions help corporations, financial institutions, financial advisors, and affluent families create and manage wealth. As of the period ending March 31, 2003, SEI administers $230 billion in mutual fund and pooled assets, manages $78 billion in assets, processes almost $50 trillion of investment transactions annually and operates 21 offices in 10 countries. For more information, visit www.seic.com.

Founded in 1968, headquartered in Oaks, Pennsylvania, SEI has an international network of offices and a workforce of 1600. SEI is the top-ranked Manager of Mangers (program) in the United States- one of the fastest-growing sub segments of the asset management industry (The Cerulli Report (tm) The International Multimanager Marketplace -July 2002.)

2. HSBC Republic
HSBC Republic is the principal international private banking division of the HSBC Group. HSBC Republic provides world-class private banking services to high net worth individuals and their families in 45 locations around the world, and had client assets under management of US$194.5 billion as at 31 December 2002. For more information, visit the Our company section.

3. The HSBC Group
The HSBC Group is one of the largest banking and financial services organisations in the world, with over 9,500 offices in 80 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa, some 90 million customers and total assets of US$759 billion at 31 December 2002.

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