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Wells Fargo Advantage Global Dividend Opportunity Fund changes portfolio management team

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The Wells Fargo Advantage Global Dividend Opportunity Fund has made a portfolio management change, with Christian L Chan and Kandarp Acharya of the Wells Capital Management solutions team replacing portfolio manager Jeffrey P Mellas.

 
Chan and Acharya have assumed Mellas’ role in implementing the options strategy of the fund using quantitative and statistical analysis.
 
Portfolio manager Timothy O’Brien will continue in his role managing the portion of the fund invested in equity securities.
 
Chan is a senior portfolio manager at Wells Capital Management (WellsCap) and head of the WellsCap solutions team. His prior positions include roles as the head of investments and portfolio manager on several asset allocation funds at Wells Fargo Funds Management and quantitative research manager at an institutional investment consultancy.
 
Acharya is a senior portfolio manager at WellsCap and a member of the WellsCap solutions team. His background is in quantitative research, development of capital markets expectations, multi-asset class market risk modelling, risk management, and hedging and optimisation strategies. His prior positions include roles in quantitative research, portfolio management, risk management, fixed-income analysis, and software development.

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