Wells Fargo Asset Management has named Dan Morris as global head of portfolio solutions within the multi-asset solutions team. Previously, Morris worked at Schroders where he served as head of U.S. portfolio solutions. Also, Martijn De Vree and Frank Cooke are joining the team from Insight Investment and Mercer, respectively.
London, October 23, 2017—Wells Fargo Asset Management (WFAM) announced today that Dan Morris has joined the firm as global head of Portfolio Solutions within the Multi- Asset Solutions team. Morris will report to Nicolaas Marais, president of WFAM and head of Multi-Asset Solutions, and will focus on designing solutions for clients that seek retirement income strategies, wealth preservation, and downside risk protection. Based in London, Morris comes to Wells Fargo from Schroders, where he was head of U.S. Portfolio Solutions.
Also joining the team are Martijn De Vree and Frank Cooke, who will report to Morris. De Vree joins from Insight Investment, where he was a senior solutions expert, and Cooke joins from Mercer in Hong Kong, where he served as a senior investment consultant. In July, Jonathon Hobbs joined the firm from BlackRock and also reports to Morris. De Vree and Cooke are based in London, and Hobbs is based in San Francisco.
“The addition of Dan, Martijn, Frank, and Jonathon to our team is a significant step forward as we build out our innovative Multi-Asset Solutions team. These leaders bring a depth of experience to the platform that will play a crucial role in creating unlock moments for clients,” said Marais. “We are building a team that strives to be a best-in-class problem-solving partner, dedicated to creating solutions that address the complex and changing needs of our clients.”
The goal of the Multi-Asset Solutions team is to help investors increase, protect, and generate income from capital. Backed by the complete range of WFAM’s global investment capabilities—including leading active management and factor-based investing strategies—the team oversees product development and research to offer future-focused solutions across asset classes, geographies, and investment products. These products incorporate traditional balanced, target date, global tactical allocation, global income, absolute return, alternative risk premia, and inflation-sensitive strategies.
At Schroders, Morris successfully worked with clients to understand their investment objectives, translating them into actionable portfolios and strategies, and he also provided liability-driven investing solutions to U.K. clients. Before his tenure at Schroders, Morris led the London Investment Strategy team at Towers Watson, where he advised clients on asset allocation, hedging, and downside protection strategies. Morris holds a degree in mathematics from the University of Nottingham, U.K., and is an associate of the Institute of Actuaries, U.K.
At Insight Investment, De Vree was previously a senior solutions specialist, where he designed and delivered bespoke Liability Driven Investments and risk-management solutions for pension plans. He started his career as an investment consultant at Towers Watson. De Vree earned a bachelor’s degree in business and economics and a master of laws degree in financial law, both from the Erasmus University Rotterdam. He also earned a master’s degree in economics from the National University of Singapore. He is on the Board of Examiners and Fellow of the Institute and Faculty of Actuaries and has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Cooke was a senior investment consultant at Mercer in Hong Kong, focusing on asset allocation and capital markets modeling for Asia Pacific. He started his career at Towers Watson as an investment consultant. Cooke earned a Bachelor of Business Science in actuarial science from the University of Cape Town. He also earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Hobbs is the head of U.S. Portfolio Solutions for the Multi-Asset Solutions team, where he designs and implements outcome-oriented investment portfolios. Previously, he led the client solutions office in San Francisco and was co-head of Liability Driven Investments in North America with BlackRock. Before joining BlackRock, he was a financial and actuarial advisor with Ernst & Young LLP. Hobbs earned a bachelor’s degree in actuarial science and finance from Drake University, has earned the right to use the Chartered Financial Analyst® (CFA®) designation, and is a Fellow of the Society of Actuaries.
About Wells Fargo Asset Management
Wells Fargo Asset Management, a division of Wells Fargo Wealth and Investment Management, strives to help clients achieve their financial goals through top-tier investment options managed by specialized investment teams that are supported by independent risk management and backed by superior, collaborative service. With more than $496 billion in assets under management,* Wells Fargo Asset Management has 29 autonomous investment teams with specialized expertise and proven processes; more than 500 investment professionals; and a global reach with offices and clients around the world.
About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Wells Fargo’s vision is to satisfy our customers’ financial needs and help them succeed financially. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 8,400 locations, 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 42 countries and territories to support customers who conduct business in the global economy. With approximately 268,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune’s 2017 rankings of America’s largest corporations. News, insights and perspectives from Wells Fargo are also available at Wells Fargo Stories.