Wells Fargo Asset Management has agreed to acquire Analytic Investors , a quant - based asset manager . Wells Fargo said the deal will pair Wells’s research-based capabilities with Analytic’s “innovative quantitative investment team.” The deal , which is expected to close by October , will add about $ 15bn in assets under management to the roughly $ 5000 currently managed by the firm .
Wells Fargo Asset Management has agreed to acquire Analytic Investors , a quant - based asset manager . The deal , which is expected to close by October , will add about $ 15bn in assets under management to the roughly $ 5000 currently managed by the firm .