Wellington Management to Acquire Hartford Funds Business from The Hartford
Wellington Management announced on Wednesday that it will acquire the Hartford Funds business from The Hartford. This transaction transfers the management and operations of the investment firm to Wellington, marking a shift in the ownership structure of the Hartford-branded mutual funds and exchange-traded products.
The agreement outlines the transition of Hartford Funds’ existing investment strategies and client relationships to Wellington Management’s platform. Both companies stated that they intend to work together to ensure continuity for current investors throughout the integration process. The deal follows a strategic review by The Hartford regarding its asset management portfolio and aligns with Wellington’s objective to expand its reach within the retail and intermediary investment markets. Financial terms of the acquisition remain undisclosed, and the completion of the deal remains subject to customary regulatory approvals and closing conditions.
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Date: June 3, 2026
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