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wells fargo am registers 13 funds for distribution

18 Jan 13

Wells Fargo Asset Management has registered 13 of its funds for distribution in France, Ireland and Sweden as it seeks to expand its presence in Europe.

Wells Fargo Asset Management has registered 13 of its funds for distribution in France, Ireland and Sweden as it seeks to expand its presence in Europe.

The US domiciled company, which claims to be the eleventh largest mutual fund provider in North America,  said the funds are sub-funds of its Luxembourg domiciled Sicav, Wells Fargo (Lux) Worldwide Fund, and are part of the firm’s growth stratgey to develop its international offering.

The funds which have been made available are listed below this article.

Wells Fargo AM executive vice president Andrew Owen said: “We believe further expansion into the European asset management marketplace, which has an approximate market size of $2.9trn and a growth rate markedly faster than that of North America, is the logical next step for our growing international fund line up.”

Funds made available in France, Sweden and Ireland
China Equity Fund
Emerging Markets Equity Fund
Emerging Markets Equity II Fund
Emerging Markets Income and Growth Fund
Global Equity Fund
Global Opportunity Bond Fund
Precious Metals Fund
US All Cap Growth Fund
US Dollar Short-Term Money Market Fund
US High Yield Bond Fund
US Large Cap Growth Fund
US Premier Growth Fund
US Short-Term High Yield Bond Fund
 

Tags: Wells Fargo

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.