SEI Investments opens Singapore office as SEI Investments stock stands 23.39 percent up this year

Published on 10/06/2026 at 05:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SEI named Connall McGuckian for Singapore on September 30, 2026. SEI Investments stock stands at a 23.39 percent return this year.

SEI, US83418M1036, Illustration mit AI erstellt.

SEI Investments (ISIN US83418M1036) opened a Singapore office on September 30, 2026, and appointed Connall McGuckian as managing director for the country, according to Simply Wall St. The move gives SEI Investments a concrete Asia-Pacific expansion point while its stock showed a 23.39 percent year-to-date return in the same market context.

Singapore adds a growth route

The Singapore office expands SEI's local presence in asset management and asset servicing. Simply Wall St reported on September 30, 2026, that McGuckian would lead the Singapore business, linking the appointment to SEI's broader Asia-Pacific growth strategy.

The expansion comes after SEI's second-quarter 2026 results. The company reported revenue of USD 641.62 million for the three months ended June 30, 2026, up 15.00 percent from USD 559.60 million in the same quarter of 2025, according to SEI Investments. Operating margin increased to 31.00 percent from 27.00 percent, while diluted earnings per share declined to USD 1.59 from USD 1.78.

Revenue growth meets analyst scrutiny

The results combine stronger sales with a weaker earnings-per-share comparison. Net income attributable to SEI Investments fell 14.00 percent year over year to USD 195.66 million in the second quarter of 2026, even as income from operations grew 33.00 percent to USD 197.02 million.

Analyst attention remains centered on whether the expansion and margin work can support the valuation. MarketBeat reported on October 3, 2026, that Wells Fargo initiated coverage with an Overweight rating and a USD 129.00 price target. The report also cited second-quarter revenue of USD 641.62 million against a USD 636.35 million consensus estimate, a USD 5.27 million difference.

SEI stock snapshot

SEI Investments had a prior close of EUR 66.60 at Lang & Schwarz on October 2, 2026. The primary Nasdaq listing was last quoted at USD 103.26 on October 5, 2026 at 4:00 p.m. ET, while market capitalization stood at USD 12.4 billion and the 52-week range was USD 75.08 to USD 112.15.