the FINANCIAL -- SAN FRANCISCO - Wells Fargo Asset Management announced on May 29, that Eddie Cheng has joined the firm as head of International Portfolio Management within the Multi-Asset Solutions team. Cheng reports to Nico Marais, president of WFAM and head of Multi-Asset Solutions, and is based in London.
Cheng’s focus is on managing absolute return and alternative risk premia strategies. He also partners closely with Wai Lee, head of research for the Multi-Asset Solutions team, supporting the expansion of Wells Fargo’s Asian business. Cheng comes to WFAM from Schroders, where he was a senior portfolio manager with its multi-asset team.
Chenfei Ma and Stephane Renevier also recently joined WFAM’s Multi-Asset Solutions team, Ma as an investment analyst and Renevier as a portfolio manager. Both Ma and Renevier, who most recently worked on the multi-asset team at Schroders, report to Cheng. They are based in London, according to WFAM.
“The addition of Eddie, Chenfei and Stephane to our team not only strengthens our capabilities in the area of machine learning but further deepens the team’s experience as we aim to deliver best-in-class absolute return and alternative risk premia strategies to our clients,” said Nico Marais. “These new team members bring a depth of experience to our multi-asset platform as we strive to create solutions that address the complex and changing needs of our clients.”