Ameriprise Financial – the US parent of Columbia Threadneedle Investments – is set to acquire the EMEA asset management business of BMO Financial Group in a £615m all-cash deal.
The financial services firm said the acquisition would accelerate its strategy of growing its fee-based businesses and increase the overall contribution of wealth management and asset management. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
