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Rating:Wells Fargo Finishes Digesting Evergreen Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, July 21, 2010

Wells Fargo Finishes Digesting Evergreen

News summary by MFWire's editors

Wells Fargo just finished merging Evergreen's mutual funds into the Wells Fargo Advantage family. Yesterday the San Francisco-based fund firm revealed that, after merging 53 mutual funds and transforming 27 Evergreen funds into Wells Fargo Advantage ones instead, the combined family boasts $224.1 billion in assets under management and 132 funds, including open and closed-end mutual funds, as well as variable trust funds.

The integration follows from Wells Fargo's purchase December 31, 2008 purchase of all of Wachovia, Evergreen's parent. Karla Rabusch serves as president of the Wells Fargo Advantage Funds.

For more details on how the whole integration shook out, click here

Edited by: Neil Anderson, Managing Editor


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