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Overview

Wells Fargo Asset Management strives to help our clients achieve their financial goals through top-tier investment solutions managed by specialized investment teams and backed by superior, collaborative service.

Autonomous investment teams
Our investment approach centers on autonomous investment teams that maintain their own independent research, idea-generation, and decision-making processes. We believe in allowing teams to focus on what they do best—manage money—while supporting them with centralized infrastructure resources, including compliance, technology, and distribution.

Rigorous and extensive risk controls
Our independent investment risk management approach provides a consistent, unbiased framework for analyzing and balancing risk in portfolios. Portfolio management teams benefit from multiple layers of oversight, which range from specific portfolio guidelines to meet both client needs and legal parameters; attention to risk controls at the portfolio management level; and firm-level oversight.

Solutions for clients
We offer the expertise of over 35 investment teams—each focused on specialized, niche portfolio management strategies—to meet the diverse needs of our clients. Collectively, they provide clients with a broad array of investment options across all major asset classes, including actively managed equity, fixed-income, liquidity, stable value, and alternative investments. Investment strategies are accessible through a variety of product structures, including institutional separate accounts, retail separately managed accounts, mutual funds (open-end, closed-end, variable trust), private funds (hedge funds, commingled investment vehicles, medium term note programs), and Luxembourg-domiciled funds (UCITS).

Leadership

In bringing together broad-based business perspectives, our senior leaders create value for our business partners, clients, and fund shareholders.

  • Executive management team
  • Mike Niedermeyer oversees all business lines of Wells Fargo Asset Management, encompassing Wells Fargo Funds Management, LLC; Wells Capital Management (WellsCap); Affiliated Managers. Prior to his current role, he was business head and chief fixed-income investment officer at WellsCap. He joined Wells Fargo Bank's Investment Group in 1987. Mike has earned the right to use the Chartered Financial Analyst<sup>®</sup> (CFA<sup>®</sup>) designation and is a member of CFA Institute.Mike Niedermeyer, CFA
    Executive Vice President,
    Wells Fargo & Company
    Chief Executive Officer,
    Wells Fargo Asset Management
  • As president and chief investment officer of Wells Capital Management, Kirk Hartman oversees all business groups at Wells Capital Management. This oversight includes the management of overall investment risk and investment professionals. Prior to his current role, Kirk served as the chief investment officer of Wells Capital Management since 2002.  A veteran of the investment industry, Kirk began his career in 1981. Before joining Wells Capital Management, he was managing director of fixed income at Banc of America Capital Management, LLC, where he was responsible for $150 billion in assets under management. Kirk was also formerly the chief investment officer of the Private Bank at Bank of America. Earlier in his career, Kirk served as a managing director and co-chief operating officer at Lehman Brothers Global Asset Management. Prior to that, he was president of E. F. Hutton Risk Management Inc. Kirk earned a bachelor's degree from Amherst College and a master's degree from the University of Chicago. He also earned a master's degree in business administration from the Kellogg School of Management at Northwestern University.Kirk Hartman
    President and Chief Investment Officer
    Wells Capital Management
  • Tom Hoops oversees the Affiliated Managers business group within Wells Fargo Asset Management. Based in Charlotte, N.C., he oversees investment businesses with expertise in alternative, quantitative, and specialty investment categories, including ECM Asset Management, Galliard Capital Management, Nelson Capital Management, Golden Capital Management, Overland Advisors, and Peregrine Capital Management. He has earned the right to use the Chartered Financial Analyst<sup>®</sup> (CFA<sup>®</sup>) designation and is a member of the North Carolina Bar Association and the bar of the Supreme Court of the United States.Thomas Hoops, CFA
    Executive Vice President
    Head of Affiliated Managers
  • As president of <em>Wells Fargo Advantage Funds</em>, Karla Rabusch oversees all business groups that support <em>Wells Fargo Advantage Funds</em>. She is also the head of Wells Fargo Funds Management, LLC, which offers complementary investment solutions, including <em>EdVest</em><sup>SM</sup> and <em>tomorrow's scholar</em><sup>®</sup> 529 plans and Wells Fargo-managed accounts. She began her career at Wells Fargo in 1997 as the chief finance officer for the mutual fund complex. In 2004 and 2009, Karla was named one of the 100 most influential business women in the Bay Area by the <em>San Francisco Business Times</em>.Karla Rabusch
    Executive Vice President,
    Wells Fargo & Company
    President, Wells Fargo Advantage Funds
    Head of Wells Fargo
    Funds Management, LLC
  • Distribution leads
  • Wayne Badorf is the head of Intermediary Sales and president of Wells Fargo Funds Distributor, LLC. He is responsible for strategic and leadership initiatives across the organization, as well as distribution of mutual funds and separately managed accounts. Wayne has more than 20 years of investment management industry experience and joined Wells Fargo in 2000. He has held a number of sales leadership positions, including overseeing the management of all regional directors in his role as the national sales manager.Wayne Badorf, CFP®, CFS
    Executive Vice President
    Head of Intermediary Sales
    Wells Fargo Asset Management
    Wells Fargo & Company
  • Amru Khan oversees institutional long-term sales for Wells Fargo Asset Management, which includes both institutional separate accounts and mutual funds. He oversees sales, marketing, and strategic initiatives for the domestic and international institutional markets. Amru was educated overseas and earned a bachelor's degree in business administration. He served as a member of the Institutional Investor Institute's Advisory Board and the American Bankers Association Employee Benefits Services Committee and is a former board member of the Institute of Certified Bankers.Amru Khan
    Executive Vice President
    Head of Institutional Long-Term Sales
Affiliates

Wells Capital Management
Wells Capital Management (WellsCap) is a multi-boutique, institutional asset management firm committed to delivering superior investment service to our clients globally. Independent, focused investment teams actively manage domestic and global equity and fixed-income portfolios for corporations, pension plans, endowments, foundations, public agencies, health care, sovereign organizations, mutual fund companies, insurance companies, and operating funds.

Wells Fargo Advantage Funds
Through the standards of integrity and service established by our parent company, Wells Fargo & Company; the expertise of independent investment teams and rigorous ongoing investment review; and a long-standing commitment to a collaborative level of superior service, Wells Fargo Advantage Funds seeks to skillfully guide institutions, financial advisors, and individuals through the investment terrain to help them reach their financial objectives.

ECM Asset Management Limited
ECM Asset Management Limited (ECM), headquartered in London, is an active manager of credit portfolios for institutional investors worldwide. Diversified or specialized portfolios—predominantly European fixed-income credit securities—are managed based on a fundamental research-driven investment process. Investments generally are made on a duration- and currency-neutral basis.

Galliard Capital Management
Galliard Capital Management focuses exclusively on providing fixed-income and stable value investment management services to institutional investors based on the belief that sustainable success stems from remaining faithful to sound, time-tested processes and the principle of defense, while incorporating new ideas and strategies in ever-changing markets.

Golden Capital Management
Golden Capital Management specializes in fundamentally based, quantitatively executed equity investment strategies for institutional and high-net-worth investors. Disciplined investment strategies that adhere to strict style guidelines are employed.

Wells Fargo (Lux) Worldwide Fund
In an increasingly complex and ever-changing investment environment, we know that the best results for our clients can only be achieved through deep, collaborative partnerships. With expertise in all traditional asset classes, the Wells Fargo (Lux) Worldwide Fund offers investors around the globe a wide range of investment solutions that can be customized to meet their evolving needs.

 

Not FDIC Insured  •  No Bank Guarantee  •  May Lose Value

 

Overview Leadership Affiliates