Well Fargo AM appoints head of liquidity client group

Ridhima Sharma
clock • 1 min read

Wells Fargo Asset Management (WFAM) has announced that Yeng Felipe Butler will join the firm as head of WFAM's Liquidity Client Group. Butler, who will be based in Boston, MA, will report to Nico Marais, CEO of WFAM. As head of WFAM's Liquidity Client Group, Butler will manage WFAM's short-duration and cash management business, which has approximately $156bn in assets under management (AUM) and includes capabilities such as money market mutual funds and customized liquidity accounts. As the search for yield continues and clients place an increasing premium on the safety and stability ...

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