Wells Fargo Asset Management Expands Research-Focused Risk Premia Team

The multi-asset team at Wells Fargo Asset Management has expanded to 25 people from five in the last 18 months, as new boss Nicolaas Marais looks to win customers on both sides of the Atlantic. Marais, who previously worked at Schroders and BlackRock, said the plan for the new San Francisco- and London-based team centers around research and a multi-asset approach that looks at investors’ portfolios by risk premia, rather than by asset class.