Allspring Global Investments

What Allspring Global Investments does

Allspring Global Investments is a privately held global asset management firm headquartered in Charlotte, North Carolina, with approximately $625 billion in assets under advisement across 140+ investment strategies as of March 31, 2026. Originally founded in 1980 (previously operating as Wells Fargo Asset Management), the firm was acquired by private funds associated with GTCR LLC and Reverence Capital Partners in 2021 and now operates as an independent asset manager with 20% employee ownership. Allspring serves individual investors, financial advisors, and institutional clients (including pension funds, insurance companies, endowments, and foundations) across the Americas, Europe, and Asia-Pacific, with regulated subsidiaries in Luxembourg, the UK, Singapore, Hong Kong, and Japan.

The firm offers a comprehensive suite of active investment products spanning equities, fixed income, multi-asset, stable value, and liquidity strategies, delivered through multiple vehicles including mutual funds, actively managed ETFs, separately managed accounts (SMAs), and Luxembourg-domiciled UCITS funds. The Remi platform serves as the firm's technology-enabled SMA architecture, providing direct indexing, tax-loss harvesting, and portfolio transition capabilities for high-net-worth and advisor-sold channels. Proprietary investment technology includes the Multi-Factor Alpha Model for systematic core equity and the Total Return Monitor for fundamental equity ranking. As of March 2026, the asset mix was approximately $428 billion fixed income, $125 billion equities, $59 billion stable value, and $13 billion multi-asset.

Allspring generates revenue primarily through management fees calculated as a percentage of assets under management, with fee structures varying by strategy type, share class, and vehicle. Distribution is executed through dedicated institutional sales teams, a U.S. distribution organization led by John Moninger, financial advisor and wealth platform channels, an international client group based in Luxembourg and London, and a direct-to-consumer SMA offering through Remi. The firm is led by CEO Kate Burke (appointed July 2025) with Executive Chair Joseph Sullivan, a 13-person Board including representatives from GTCR and Reverence Capital alongside independent directors, and a leadership team spanning CIO (Jon Baranko), CFO (Annette Lege), CLO (Kate McKinley), CTO (Matt Wren), and Head of Equity Investments (Ann Miletti).

Name

Allspring Global Investments

Legal name

Allspring Global Investments Holdings, LLC

Website

https://allspringglobal.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Allspring Global Investments is a privately held global asset manager with $625 billion in assets under advisement across 140+ active equity, fixed income, multi-asset, and liquidity strategies, serving individual investors, financial advisors, and institutions through mutual funds, active ETFs, SMAs, and UCITS funds.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (52394), Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Investment Management Advisory (RIA) (FSAEAAAB)

akta.pro secondary industries

Institutional Separate Accounts & SMAs (Mandates) (FSAAAGAL), Managed Accounts & Model Portfolios (SMA/UMA) (FSAAAAAG)

Keywords

• Active asset management
• Fixed income strategies
• Separately managed accounts
• Direct indexing solutions
• Investment management services

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Asset Management Fees: Allspring generates revenue primarily through management fees charged on assets under management across its mutual funds, ETFs, separate managed accounts, and collective investment trusts. Fees are typically calculated as a percentage of AUA and vary by strategy type, share class, and investment vehicle.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels5 records

Core offering

Allspring Global Investments is a global asset management firm managing $625 billion in assets under advisement across approximately 140 active investment strategies in equities, fixed income, multi-asset, and liquidity management. The firm distributes these strategies through mutual funds, actively managed ETFs, separately managed accounts (SMAs), collective investment trusts, and Luxembourg UCITS funds, serving institutional investors, financial advisors, and individual investors worldwide. Its technology-enabled Remi platform enables customized SMA solutions with direct indexing and tax-management capabilities, while Galliard Capital Management provides stable value solutions as a wholly-owned subsidiary.

Product overview

Allspring Global Investments is a global asset management firm offering a comprehensive suite of active investment strategies across equities, fixed income, multi-asset, and liquidity management. The firm manages $625 billion in assets under advisement across approximately 140 investment strategies. The product architecture consists of a platform-plus-strategies model centered on the Remi technology-enabled SMA platform, supplemented by actively managed ETFs, Luxembourg UCITS funds, and mutual funds. Remi provides direct indexing and tax-smart SMA capabilities while the ETF suite offers actively managed equity and fixed income products. The UCITS fund family provides Luxembourg-domiciled access to global equity, climate transition credit, and high yield strategies for international investors.

Differentiator

Problem solved

Functional benefit

Brands

• Galliard Capital Management: Stable value investment management subsidiary
• Remi
• Allspring (Lux) Worldwide Fund

Products and services

• Remi Platform Technology-enabled multi-asset platform designed to build tax-advantaged, customized separately managed accounts (SMAs) for high-net-worth investors, with capabilities including direct indexing, tax-loss harvesting, portfolio transitions, and institutional-scale trade execution.
• Allspring Active ETFs Suite of eight actively managed exchange-traded funds spanning equity and fixed income strategies offering capital appreciation, income generation, and risk management through differentiated investment approaches. Distributed through brokerage platforms and available to financial advisors and individual investors.
• Direct Indexing (SMArt) Personalized direct indexing solutions including SMArt All Cap 3000, SMArt Emerging Markets, SMArt International Core, and various SMArt Large strategies offering tax-loss harvesting, risk reduction, personalization, security exclusions, ESG screening, and multiple benchmark choices for individual investors and advisors.
• Fixed Income SMAs Customizable fixed income separately managed accounts including CoreBuilder bond strategies, corporate ladders, municipal ladders, and treasury ladders with various maturity and tax configurations, designed for institutional and individual investors seeking customized fixed income exposure.
• Money Market Management Strategy Suite of Rule 2a-7 money market funds providing liquidity management solutions for institutional cash investors and individual investors, with emphasis on capital preservation and competitive risk-adjusted yields.
• Allspring (Lux) Worldwide Fund Luxembourg-domiciled UCITS fund family offering global equity, fixed income, and specialized strategies for international investors with regulatory oversight from CSSF, providing European and Asian investors access to Allspring's investment capabilities across multiple geographies.
• Global Equity Fund (UCITS Sub-fund) Systematic core global equity UCITS sub-fund using proprietary quantitative models integrated with fundamental validation to generate consistent alpha with disciplined risk management, targeting long-term capital appreciation above the MSCI All Country World Index. Available in 15 European countries initially with plans for Switzerland and Asia.
• Climate Transition Global Investment Grade Credit Fund Sustainable fixed income UCITS sub-fund targeting investment grade credit with climate transition focus aligned to Paris Agreement objectives, designed for European institutional and individual investors seeking sustainable fixed income exposure.
• Global High Yield Fund Global high yield fixed income UCITS sub-fund offering enhanced yield potential through diversified exposure to below-investment-grade corporate debt for European and international investors.
• Galliard Stable Value Strategies Stable value investment management strategies delivered through Galliard Capital Management, a wholly-owned Allspring subsidiary, providing stable value solutions for insurance companies and other institutional clients managing $59 billion in stable value assets under advisement.

Quantifiable outcome

• Top-quartile returns since inception for Global Equity Enhanced Income Fund and Climate Transition Global Equity Fund
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered major and minor.

• GIA PartnersmajorStrategic or Co-development Partner · 16 April 2026Allspring agreed to acquire the specialist fixed income investment team of GIA Partners, a New York-based firm managing approximately $1.1 billion in assets as of December 2025. The acquisition strengthens Allspring's fixed income platform, particularly in emerging markets and high yield credit. Led by founder Eduardo Cortes with over 40 years of experience, the GIA team brings expertise in multi-sector fixed income, high-yield, and emerging-market strategies. Expected to close early Q3 2026.
• Peregrine Capital Management LLCminorStrategic or Co-development PartnerPeregrine Capital Management LLC serves as subadvisor to the Allspring Small Company Growth Fund, bringing specialized small-cap growth investment expertise to the strategy.
• Aon plcmajorStrategic or Co-development PartnerAon plc seeded two Climate Transition Buy and Maintain Plus Funds launched by Allspring in the UK in February 2025, representing a significant co-development partnership for climate transition fixed income strategies.

Scale indicators8 records

Recent moves19 records

Expansion highlights6 records

Broad incumbents

• Eaton Vance (Morgan Stanley Investment Management): Active asset manager known for SMA, tax-managed, and custom investment solutions before its 2020 acquisition by Morgan Stanley. Comparable historical profile to Allspring in active management, SMAs, and customized solutions.
• Franklin Templeton: Global asset manager offering active mutual funds, ETFs, and SMAs across equities, fixed income, multi-asset, and alternatives. Overlaps directly with Allspring across most product categories but operates at significantly greater scale ($1.5T+ AUM) and has a longer-tenured global distribution footprint.
• Invesco: Global investment manager with active and passive strategies across equities, fixed income, ETFs, and SMAs. Competes directly with Allspring in institutional, advisor, and ETF channels, with a broader product range and larger AUM.
• Nuveen (TIAA): Large US asset manager with strong fixed income and multi-asset franchises including stable value and municipal strategies. Directly comparable to Allspring in fixed income ($400B+), with overlapping institutional and advisor distribution.
• T. Rowe Price: Publicly traded global asset manager with strong active equity and fixed income franchises. Directly comparable to Allspring in active management philosophy and advisor/institutional distribution, though larger AUM and recently expanding into ETFs and SMAs.
• PGIM (Prudential Financial): Global asset management arm of Prudential with active fixed income, equity, real estate, and alternative strategies. Comparable in scale and product mix, particularly in institutional fixed income and SMA offerings.

Direct peers

• Dodge & Cox: Privately held, employee-owned asset manager focused on active equity and fixed income strategies for institutional and individual investors. Comparable to Allspring in ownership model (private, employee-controlled) and active investment philosophy across similar asset classes.
• Victory Capital: Multi-franchise US asset manager with active equity, fixed income, and SMA solutions including direct indexing. Direct peer in active management and SMA/direct-indexing space, with overlapping institutional and advisor channels.
• Neuberger Berman: Private, employee-owned global asset manager with active equity, fixed income, and alternative strategies. Closely comparable in ownership structure (private, employee-influenced), product mix, and institutional focus.
• Affiliated Managers Group (AMG): Multi-affiliate global asset manager with multi-boutique structure across equities, fixed income, and alternative strategies. Directly comparable to Allspring as a PE-backed multi-affiliate platform, though AMG's affiliates operate more independently than Allspring's integrated investment teams.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/allspring
• Xx.com/allspring

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Allspring Global Investments