The platform that has served the firm's in-house funds is now available to rivals
Adam Elliott succeeds the retiring Andrew Dalglish
The divestiture adds to bank's bottom line and streamlines its focus, a report says
Amit Muni will replace Doug Jamieson
The transaction is expected to close by the end of this year
The asset manager sweetened the deal with an offer of US$6.5 billion
The firm’s AUM increased by more than $10 billion year over year
The asset manager has acquired AMP Capital’s global companies business
Industry assets forecast to hit US$27.3 trillion by 2025
Wells Fargo divestiture reflects need for scale to compete