Starting this year, this report is based on the activities of Wells Fargo Asset Management, not including Galliard Capital Management, Inc. (“Galliard”).
Prior to this, Wells Capital Management Incorporated was signatory to the PRI. Galliard is separately a signatory of the PRI, remains so, and submits a separate report.
Note: Wells Fargo Asset Management ("WFAM") is the trade name for certain investment advisory/management firms owned by Wells Fargo & Company, excluding Galliard Capital Management, Inc.
Wells Fargo Asset Management is a leading global investment management firm focused on institutional clients. Our independent teams provide a broad range of investment solutions across multiple asset classes and investment styles within three main categories: equity, fixed income, multi-asset class solutions. Our business model offers our clients independent and specialized investment teams that have the centralized resources of a leading investment management firm with scale and expertise including independent investment risk management oversight, compliance, operations, technology, client service and distribution. We are able to offer our clients an extensive product line-up featuring well over 100 different equity and fixed income solutions managed by investment professionals. We continually strive to maintain well-staffed and dedicated investment management teams with global capabilities to ensure that WFAM is strategically equipped to provide the right portfolio management and client service solutions to our valued clients.
At WFAM we have built our philosophy, policies, and processes around delivering on client and community expectations in a responsible and sustainable way. Environmental, social, governance (ESG), and other considerations that extend beyond conventional financial statement analysis have long been a core part of how our portfolio management teams evaluate investment opportunities. We believe ESG information enables us to better understand and assess the investments we make. Our investment teams integrate material ESG considerations into their investment processes in ways that are consistent with their asset classes and strategies. Our commitment and experience with bottom-up issuer, market, and policy analysis is leveraged across the firm to identify risks and opportunities while providing clients with portfolios better aligned with their preferences on these issues. We believe incorporating ESG issues and serving as responsible stewards of the assets we manage ultimately leads to better investment outcomes for our clients.