Wells Fargo AM brings more sub-funds to Swiss market
Wells Fargo Asset Management has extended its distribution into Switzerland by bringing in further sub-funds to its Worldwide Fund for the local market.
The sub-funds include strategies that Wells Fargo said have not previously been available in the local market.
Some of the sub-funds have been available, but these have been added to with six more sub-funds, which launched in Luxembourg in June this year.
The full Wells Fargo (Lux) Worldwide Fund sub-fund range now available in Switzerland includes:
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 All Cap Growth Fund
US Dollar Short-Term Money Market Fund
US High Yield Bond Fund
US Large Cap Growth Fund
US Premier Growth Fund
US Short-Term High Yield Bond Fund
Andrew Owen, executive vice president, Wells Fargo Asset Management, said: “The new funds give us an opportunity to showcase some of the best talent we have through investment products that we believe will provide investors with excellent diversification for their portfolios.”
“As we gradually roll out our fund range across European markets, we are finding that our approach resonates well among European investors. They like the complete autonomy of our fund managers, the multiple layers of risk management and oversight, and a strong focus on product transparency.
“We also offer investors what we consider truly independent investment ideas and research through our thought leadership programme provided by our respected team of top-down investment strategists.”