Wells Fargo AM raids Schroders again to strengthen multi-asset team

Scheiber spent eight years at Schroders

Wells Fargo Asset Management (WFAM) has hired Mattias Scheiber from Schroders as global head of portfolio management, multi-asset solutions.

Reporting to Dan Morris, head of multi-asset solutions at WFAM, who also joined from Schroders in 2017, Scheiber will be responsible for developing and managing the firm's outcome-orientated multi-asset strategies. Scheiber spent eight years at Schroders between 2011 and 2019, where he led the multi-asset team's institutional mandates, responsible for its risk-based investment solutions, alternative risk premia strategies and global tactical asset allocation. Prior to this, he was a partner and fund manager at Aethra Asset Management for two years, where he managed the firm's absolute...