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Wells Fargo sells asset management businessBY ELIZA BAVIN | WEDNESDAY, 24 FEB 2021 12:09PM
Wells Fargo has entered into a definitive agreement to sell Wells Fargo Asset Management (WFAM) to GTCR and Reverence Capital Partners for US$2.1 billion, while also offloading four of its closed-end funds.Read more: WFAM, GTCR, Wells Fargo Asset Management, Reverence Capital Partners, Nico Marais, Collin Roche, Barry Sommers, Legg Mason, Joseph Sullivan, Milton Berlinski
AustralianSuper has welcomed almost 60,000 new members following the completion of its merger with Club Plus Super.
Vanguard, UniSuper and BetaShares are some of the winners in Money magazine's 2021 Best of the Best Awards.
The former head of distribution (retail/advisory) at AMP Capital has moved on to a new role.
Glenn Stevens has been appointed the next chair of Macquarie Group and Macquarie Bank following the retirement of Peter Warne.
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