Wells Fargo AM launches multi-asset income and factor funds

Wells Fargo Asset Management (WFAM) has launched a factor-enhanced equity strategy and multi-income fund as part of the company’s aim to develop “innovative solutions” that help clients achieve their goals.

Both funds are Ucits compliant and will be available to both institutional and retail investors, and have been added to the Wells Fargo (Lux) worldwide fund.

The Global Multi-Asset Income Fund will be WFAM’s multi-asset solution team’s first international fund.

“These funds are great examples of that commitment and our goal to be a best-in-class problem-solver and partner for our clients,” said WFAM’s head of international distribution Deidre Flood.

“With these new funds, we can offer clients an opportunity to diversify their income portfolio and their global equity portfolio by leveraging the proven expertise of the multi-asset solutions and analytic Investors teams.”

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