Write to Maria Armental at Analytic Investors has agreed to buy Wells Fargo Asset Management , a quant-based asset manager. The deal, which is expected to close by this year , will add roughly $481bn in assets under management to the about $15bn currently managed by the firm.
Analytic Investors has agreed to buy Wells Fargo Asset Management , a quant-based asset manager. The deal, which is expected to close by this year , will add roughly $481bn in assets under management to the about $15bn currently managed by the firm.