Wells Fargo Nikko
Investment Advisors
45 Fremont, San Francisco, Calif. 94105; phone: (415) 597-2000; fax:
(415) 597-2011
(U.S. $ millions)
Total discretionary assets171,151
Non-U.S. pension assets12,357
U.S. discretionary tax-exempt assets managed:
Total international/global17,388
International17,388
*Active equity accounts890
*Balanced258
*Indexed equity accounts12,393
*Indexed bond accounts419
*Emerging markets141
*Hedging Strategies3,287
Wells Fargo Nikko Investment Advisors had $17.388 billion in international accounts as of March 31.
The firm's asset mix for international accounts was 79% equity, 2% bonds,
19% other as of March 31; equity assets were committed most heavily to
Japan, the United Kingdom, Germany, France and Switzerland.
The firm is an indexed, quantitative and structured active manager.
The firm runs $2.315 billion of U.S. institutional, discretionary tax-exempt assets in static, dynamic and active hedging strategies; all of the underlying assets is managed internally.
Analysts or portfolio managers are stationed in San Francisco, London, Tokyo and Toronto.
The firm, a joint venture of Wells Fargo & Co. and The Nikko Securities Co. Ltd., has been registered with the SEC since 1990.
Blake Grossman and Bruce Goddard are chief investment officers; Marcia Scott Hayes is client contact.
WorldInvest Ltd.
780 Third Ave., 25th floor, New York, N.Y. 10017; phone: (212) 755-0900; fax: (212) 755-0980
(U.S. $ millions)
Total discretionary assets5,600
Non-U.S. pension assets1,145
U.S. discretionary tax-exempt assets managed:
Total international/global3,590
International2,322
*Active equity accounts1,502
*Active bond accounts802
*Balanced18
Global1,268
*Active equity accounts151
*Active bond accounts1,058
*Balanced59
Minimum separate account15
WorldInvest Ltd. had $2.322 billion in international accounts and $1.268 billion in global accounts as of March 31.
The firm's asset mix for international accounts was 65% equity, 35% bonds as of March 31; equity assets were committed most heavily to Japan, the United Kingdom, France, Australia and Singapore.
As of the same date, its global account asset mix was 15% equity, 85% bonds; equity assets were committed most heavily to Japan, the United Kingdom, the United States, France and Australia.
Analysts or portfolio managers are stationed in London.
The firm has been registered with the SEC since 1981.
Keith Brown is chief investment officer; Susan Leader is client contact.
1000 Lafayette Blvd., Bridgeport, Conn. 06604; phone: (203) 330-5000; fax: (203) 330-5001
(U.S. $ millions)
Total discretionary assets*3,751
U.S. discretionary tax-exempt assets managed:
Total international/global1,779
International201
*Active equity accounts201
Global1,578
*Balanced1,578
Minimum separate account10
*Data as of Dec. 31, 1994
Wright Investors' Service had $201 million in international accounts and $1.578 billion in global accounts as of Dec. 31.
The firm's asset mix for international accounts was 100% equity as of Dec. 31; equity assets were committed most heavily to the United Kingdom, Japan, France, the Netherlands and Hong Kong.
As of the same date, its global account asset mix was 70% equity, 30% bonds; equity assets were committed most heavily to the United States, the United Kingdom, Japan, France and the Netherlands.
The firm uses a bottom-up fundamental, quantitative approach. Industry and country allocation in the multicountry approach is limited to 20% of a portfolio and holdings are broadly diversified.
Analysts or portfolio managers are stationed in Bridgeport, Conn.; Shannon, Ireland; and Banglore, India.
The firm has been registered with the SEC since 1961.
Judith R. Corchard is chief investment officer; Diane H. Timpany is client contact.
