Wells Fargo funds on Nordnet platform for Finland

Wells Fargo Asset Management has been added to fund distribution platform Nordnet for the Finnish market, where 11 subfunds to its Luxembourg based Worldwide Fund Ucits will be available to local investors.

The 11 funds consiste of eight equity and three bond funds:

• China Equity Fund

• Emerging Markets Equity Fund

• Emerging Markets Equity II Fund

• Emerging Markets Income and Growth Fund

• Global Equity Fund

• Global Opportunity Bond Fund

• Precious Metals Fund

• US High Yield Bond Fund

• US Large Cap Growth Fund

• US Premier Growth Fund

• US Short-Term High Yield Bond Fund

Ludger Peters, managing director, international business development, Wells Fargo Asset Management, said: “The fund market in Finland is a dynamic industry and is an important part of our continued investment and growth in Europe. We believe that our offering through Nordnet will provide Finnish fund investors with access to some of our best fund management talent which will help them to diversify their portfolios.”

Niklas Odenwall, country manager, Nordnet Finland, said: “It’s great to get an established partner like Wells Fargo on board and continue to expand our offering in addition to the 400 funds we already have in our fund supermarket. Customers really have a smorgasbord of quality products to choose from.”

Wells Fargo Asset Management has approximately $487bn in global assets under management.

 

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