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
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date
