MFMarketnews.com is keeping abreast of the industry's latest developments with postings twice a day. If you didn't log on last week here are some Web exclusives you missed:
* SEI Investments announced the launch of "Tax-Loss Harvesting," a tax management tool available to financial advisers in SEI's Advisor Network. The program allows investors to realize losses by moving assets from an SEI mutual fund portfolio into a newly designed tax allocation portfolio, which will also be comprised of SEI funds. It will allow investors to realize losses to offset capital gains incurred in 2001 and ordinary income up to $3,000.