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In brief: SEI wins £45m/ Northern Trust hires/ Morley promotes Michaelis

SEI Investments, the multi-manager, has won a £45.6m (€66m) global developed markets equity mandate from the UK's Alfred McAlpine Pension Plan. The manager also said it had secured commitments from 24 new institutional clients in the first quarter. New clients include Mercedes Benz Canada, Selkirk, California Casulty, Hong Kong Housing Society, Capital Health Systems and Excela Health System.

Northern hires head of Nordic Sales

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