Wells Fargo Nikko Investment Advisors, San Francisco, and Mellon Bond Associates, Pittsburgh, were omitted from the Feb. 21 Scoreboard charts.
With a net gain of $12.965 billion in new U.S. institutional tax-exempt business in the year ended Dec. 1, Wells ranked first among managers with more than $10 billion in assets under management.
Wells also would have ranked first among the largest managers in domestic equity accounts, with $10.157 billion; third in domestic fixed-income, $1.451 billion; third in international, $1.896 billion; and first in index accounts, $13.05 billion. (The discrepancy between net indexed gains and net business is accounted for by net losses in other Wells accounts.)
Mellon, with $766 million in net new business for domestic fixed-income management, would have ranked ninth in that category among managers with more than $10 billion in assets.
