Wells Fargo Asset Management (WFAM) has appointed Kayvan Malek as senior portfolio manager of the multi-asset solutions team.
In this role, he will take on a broad range of responsibilities, including managing real assets as well as global total-return portfolios for both retail and institutional clients, applying forward-thinking portfolio construction and risk management processes across asset classes.
Malek will be based in San Francisco and will report to Nicolaas Marais, president of WFAM and head of multi-asset solutions. Malek previously served as managing director and head of commodities, volatility, and long-horizon investments in the BlackRock global markets strategies group.
“Malek is an important addition to our multi-asset solutions team. His experience in commodity and volatility trading will play a crucial role as we continue to strengthen WFAM’s focus on mufti-asset-class solutions and risk management expertise in product and business development,” says Marais. “We will continue to form our team with the best industry talent, helping build a business that focuses intensely on investor outcomes and what our clients need.”
Malek had been with BlackRock as managing director and head of commodities, volatility, and long-horizon investments with the global markets strategies group. Before BlackRock, he co-founded and was partner at 42 Capital. Previous roles include vice president and head of natural gas trading at Constellation Energy and vice president and head of fixed price and derivatives trading at American Electric Power. He began his career with Enron in 1997.