Wells Fargo Asset Management (WFAM) has launched the Global Multi-Asset Income Fund and the Global Factor Enhanced Equity Fund, both sub-funds of the Wells Fargo (Lux) Worldwide UCITS Fund and available to institutional and retail investors.
The Global Multi-Asset Income Fund launch represents the WFAM Multi-Asset Solutions team’s first international fund, strengthening its product offerings and expanding the team’s experience and long track record of success onto the global stage. The Global Multi-Asset Income Fund is managed by WFAM Portfolio Managers Kandarp Acharya, CFA, FRM, and Petros Bocray, CFA, FRM, among others.
The Global Factor Enhanced Equity Fund is managed by Portfolio Managers Harin de Silva, PhD, CFA; Dennis Bein, CFA; and Monisha Jayakumar, who all are part of WFAM’s Analytic Investors team. It is the fourth international fund offered by Analytic Investors.
“Wells Fargo Asset Management is committed to designing and providing innovative solutions to meet our clients’ needs,” says Deirdre Flood, head of International Distribution for WFAM. “These funds are great examples of that commitment and our goal to be a best-in-class problem-solver and partner for our clients. With these new funds, we can offer clients an opportunity to diversify their income portfolio and their global equity portfolio by leveraging the proven expertise of the Multi-Asset Solutions and Analytic Investors teams.”
The Global Multi-Asset Income Fund seeks total return, consisting of current income and capital appreciation. The fund is available in Austria, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden, Switzerland and the United Kingdom.
The Global Factor Enhanced Equity Fund seeks long-term capital appreciation. The fund is available in Austria, Finland, France, Germany, Ireland, Italy (institutional only), Luxembourg, the Netherlands, Norway, Singapore, Spain, Sweden, Switzerland and the United Kingdom.
