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 .
Wells Fargo Asset Management has agreed to buy 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 $481bn currently managed by the firm.