Wells Fargo Asset Management has named Dan Morris as global head of portfolio solutions within the multi-asset solutions team. Previously, Morris worked at Schroders where he served as head of U.S. portfolio solutions. Also, Martijn De Vree and Frank Cooke are joining the team from Insight Investment and Mercer, respectively. PRESS RELEASE London, October 23, 2017—Wells Fargo Asset Management (WFAM) announced today that Dan Morris has joined the firm as global head of Portfolio Solutions within the Multi- Asset Solutions team. Morris will report to Nicolaas Marais, president of WFAM and head of Multi-Asset Solutions, and will focus on designing solutions for clients that seek retirement income strategies, wealth preservation, and downside risk protection. Based in London, Morris comes to Wells Fargo from Schroders, where he was head of U.S. Portfolio Solutions. Also joining the team are Martijn De Vree and Frank Cooke, who will report to
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Wells Fargo Asset Management has named Jonathan Hobbs as head of U.S. portfolio solutions and Kevin Kneafsey as a senior investment strategist with the multi-asset client solutions group. Previously, Hobbs worked at BlackRock where he led the client solutions office in San Francisco while Kneafsey was senior adviser for the Schroders multi-asset team. PRESS RELEASE London, UK, June 30, 2017—Wells Fargo Asset Management (WFAM) announced today, June 30, that in July, Jonathan Hobbs, CFA, FSA, will join WFAM as head of U.S. Portfolio Solutions and Kevin Kneafsey, Ph.D., will join WFAM as a senior investment strategist with the Multi-Asset Client Solutions group. They will both be based in San Francisco and will report to Nicolaas Marais, president of WFAM and head of Multi-Asset Client Solutions. In this role, Hobbs will design and implement investment solutions for our clients, spanning insurance, defined benefit, defined contribution, and other
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SS&C Technologies Holding Inc has acquired Wells Fargo’s global fund services, which provides administration, middle-office, operations and cash/collateral management services to alternative investment managers. No financial terms were disclosed. The deal is expected to be completed in the fourth quarter of this year. PRESS RELEASE WINDSOR, Conn., Sept. 14, 2016 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced the acquisition of Wells Fargo Global Fund Services (“GFS”), a leading provider of comprehensive administration, middle-office, operations and cash/collateral management services to alternative investment managers. Financial terms were not disclosed. GFS administers more than $42 billion in alternative assets, covering a wide range of complex strategies traded by global portfolio managers including fixed income, credit, distressed, structured credit, macro, equity, commodities, CDO, CLO, private equity, private debt, real estate and hybrid structures. Wells Fargo’s fund administration business services
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Wells Fargo Securities has appointed David DeNunzio as head of its global M&A group. Previously, DeNunzio served as global chairman of Credit Suisse‘s M&A group. PRESS RELEASE NEW YORK–(BUSINESS WIRE)–The mergers & acquisitions (M&A) business in the Investment Banking & Capital Markets Group (IBCM) is one of the fastest growing segments across Wells Fargo Securities. In order to continue building on that success, the organization has made significant senior appointments to their advisory team to enhance their abilities to serve customers. David DeNunzio has joined as head of the Global M&A group. Together with Sam Farnham, an IBCM veteran and head of M&A for the Americas, they will lead the advisory business, reporting to Rob Engel, head of the Investment Banking & Capital Markets Group. DeNunzio is based in New York with Farnham based in Charlotte. “We have seen tremendous growth in our M&A business as clients increasingly seek
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