Some of the sub-funds have been previously offered in Switzerland but the range has now expanded to include the additional six sub-funds launched in Luxembourg in June 2012.
The complete Wells Fargo (Lux) Worldwide Fund sub-fund range now available in Switzerland covers China equity, emerging markets equity, global equity, global opportunity, and precious metals funds. There are also six US funds giving exposure to different types of equity growth and bond strategies.
Andrew Owen, executive vice president, Wells Fargo Asset Management, said:“We believe that Europe, which has approximately €14 trillion in assets under managementv and is one of the most important regions for wealth creation, is a natural place for Wells Fargo to continue to grow our international fund line-up.”
He added:“As we gradually roll out our fund range across European markets, we are finding that our approach resonates well among European investors. They like the complete autonomy of our fund managers, the multiple layers of risk management and oversight, and a strong focus on product transparency.”
