MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, August 30, 2011 Wells Fargo Wraps Up Fund Mergers Wells Fargo Advantage Funds has completed the merger of eight funds into others within the family. Also, two Wells Fargo funds will see sub-advisor changes in the fourth quarter. Golden Capital Management will take over sub-advisory duties from Wells Capital Management for the Wells Fargo Advantage Disciplined U.S. Core Fund and Index Portfolio. The fund board greenlighted the merger and sub-advisor switch proposals in May. Shareholders gave their approval at a meeting on August 19. "The completion of the mergers demonstrates our commitment to providing a more streamlined, consolidated and competitive product line," Karla Rabusch, president of Wells Fargo Advantage Funds, in a press release. Click here to see the press release. Printed from: MFWire.com/story.asp?s=37695 Copyright 2011, InvestmentWires, Inc. All Rights Reserved |