Wellington to acquire Hartford Funds in $1.9bn deal
Key takeaways
- Wellington to acquire Hartford Funds in $1.9bn deal Wellington sub-advises 83% of Hartford Funds’ roughly $160bn of assets.
- Following completion of the transaction, Hartford Funds will operate under the Wellington brand.
- The agreement turns a long-running business arrangement between the two groups into a single company structure.
Wellington to acquire Hartford Funds in $1.9bn deal Wellington sub-advises 83% of Hartford Funds’ roughly $160bn of assets. Credit: JHVEPhoto/ Shutterstock.com. · Private Banker International · JHVEPhoto/ Shutterstock.com. Vidhya Edwards Munnangi Thu, June 4, 2026 at 7:01 PM GMT+7 2 min read Wellington Management will acquire Hartford Funds, a provider of investment solutions for the wealth management market, in a deal valued at $1.9bn.
Following completion of the transaction, Hartford Funds will operate under the Wellington brand.
The agreement turns a long-running business arrangement between the two groups into a single company structure. Their ties date back to 1978 and developed further in 1984 with a sub-advisory arrangement covering mutual funds. Over time, that relationship was extended to include ETFs and other investment strategies.