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Wells Fargo Asset Management Completes Acquisition of Analytic Investors, LLC
October 4, 2016 9:00 AM EDTSAN FRANCISCO--(BUSINESS WIRE)-- Wells Fargo Asset Management (WFAM) announces today the completion of its acquisition of Analytic Investors, LLC on October 1, 2016.
Established in 1970, Analytic Investors is a $15 billion investment management firm offering a range of active quantitative equity investment solutions, including risk reduction, relative benchmark, and absolute return strategies. Todays milestone follows the August 8, 2016, announcement of the agreement for WFAM to purchase Analytic Investors. The Los Angeles-based firm now joins Wells Fargos global asset management division that oversees more than US$481 billion in assets under management.*
Financial terms of the agreement have not been... More
