Wells Capital Management

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Founded in 1982, Morley Financial Services Inc. is one of the oldest stable value managers in the United States. It is the stable value affiliate of Principal Global Investors, a diversified and global asset management firm. The company provides two investment choices, such as Pooled Funds and Separate Accounts, for investment in stable value funds. It has managed over $15.8 billion of stable value and short-duration fixed income products. Morley Financial Services Inc. is one of the first managers to integrate the use of synthetics into GIC portfolios. The company pioneered the use of managed stable value portfolios in 1982.