SEI Investments, the multi-manager, has won three mandates totalling £27m (€38.1m) from UK pension funds.

The pension funds of Kholer Mira, a shower and bathroom manufacturer, The Mercers' Company, a livery company in the City of London, and The Simons Group, a construction, property and service group, have awarded SEI £14m, £7m and £6m respectively. The appointment of SEI highlights an increasing interest in multi-management among UK pension funds.