WMI’s bankruptcy assets were largely sold to JPMorgan Chase in 2008, and remaining estate assets have since been administered via the WMI Liquidating Trust under court oversight.
Allspring Global Investments is the rebranded asset management firm that used to be Wells Fargo Asset Management; its change occurred around 2021, not 2023.
There is no official record of the WMI bankruptcy estate being turned over to, managed by, or transferred to Allspring in 2023.
No direct legal or structural link.
Allspring’s origin is the sale and rebranding of Wells Fargo Asset Management. Its business is managing investment funds for clients, not administering bankrupt estates.
The WMI bankruptcy estate — including any remaining assets under the Liquidating Trust — continues to be administered through the bankruptcy process and federal oversight, not by a private asset manager like Allspring.
Claims or commentary on social forums suggesting that “everything was moved to Allspring in 2023” are not supported by official bankruptcy filings or regulatory information.
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