# Allspring Global Investments

Allspring Global Investments is an Asset Manager based in London, United Kingdom.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Assets under management:** Undisclosed
- **Website:** allspringglobal.com

## Regulatory record

- **CRD number:** 132377
- **SEC file number:** 801-63516
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/132377

## About

ALLSPRING GLOBAL INVESTMENTS (UK) LIMITED is a London-based SEC-registered investment adviser since 2004. The firm manages approximately $30.8 billion in assets. It has 87 employees and 29 investment advisers.

## Offices

- Charlotte, NC
- San Francisco, CA

## People

- Joe Sullivan — Chief Executive Officer

## Questions

### When and why did Allspring Global Investments separate from Wells Fargo?

Allspring Global Investments was formed in November 2021 when private equity firms GTCR and Reverence Capital Partners acquired Wells Fargo Asset Management (WFAM) from Wells Fargo & Company. The transaction was part of Wells Fargo's strategic decision to focus on its core banking and wealth management operations. The new entity was branded Allspring, drawing on the legacy of the spring in the Wells Fargo stagecoach logo, and the firm became an independent asset manager with substantial institutional scale from day one.

### Who runs investment decisions at Allspring Global Investments?

Joe Sullivan serves as CEO and Chair, a role he has held since the spinout's completion in 2021. He oversees the executive leadership team but is not directly managing individual investment strategies. Allspring operates dedicated investment teams with their own chief investment officers and portfolio managers responsible for decisions within equities, fixed income, and multi-asset classes. Sullivan's prior role as CEO of Legg Mason until its 2020 sale to Franklin Templeton gives him deep experience leading a multi-affiliate investment structure.

### What is Allspring's known posture on ESG and sustainable investing?

Allspring has publicly committed to integrating environmental, social and governance factors across its investment platform, a stance that has deepened since the firm's independence from Wells Fargo. The firm publishes stewardship reports and participates in industry initiatives like CDP and the Principles for Responsible Investment (PRI). It offers specific sustainable investment strategies alongside its core active and passive mandates, reflecting broad institutional demand for ESG-aligned portfolios.

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Last updated: 2026-06-03T20:00:00.000Z

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