Wells Fargo & Co. has bought Analytic Investors, a quantitative-based investment firm with $12.9 billion in assets under management for institutional, separate account and mutual fund clients. Terms of the deal weren't disclosed. A spokesperson for Wells Fargo (NYSE: WFC) did not respond to a request for comment from the San Francisco Business Times on Tuesday. Wells Fargo, which is currently the nation's largest bank by market value, told The Wall Street Journal that Analytic will continue to…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/08/09/wells-fargo-buys-analytic-investors.html?ana=RSS%26s=article_search
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