SEI has terminated sub-advisor, Wells Capital Management, from three of its mutual funds, MutualFundWire reports. Wells Capital managed its Small/Mid Cap Equity, Mid-Cap and Tax-Managed Small Cap funds. SEI has also appointed West End Advisors as a sub-advisor to its Tax-Managed Large-Cap Fund. Robert Pharr will manage the $1.8-billion Tax-Managed Large-Cap Fund.

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