Columbia Threadneedle completes $615m BMO deal

US parent Ameriprise Financial announced the all-cash acquisition back in April

Hope William-Smith
clock • 2 min read
The US parent of Columbia Threadneedle confirmed the £615m all-cash deal in April.
Image:

The US parent of Columbia Threadneedle confirmed the £615m all-cash deal in April.

Columbia Threadneedle Investments has completed its acquisition of the EMEA asset management business of BMO, adding £97bn in assets under management (AUM) to its business.

Ameriprise Financial - the US parent of Columbia Threadneedle - confirmed the £615m all-cash deal to purchase the BMO arm from Bank of Montreal in April. The financial services firm had said the...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

PMI: Why we must all evolve to meet the challenges and risks of a new pension world

PMI: Why we must all evolve to meet the challenges and risks of a new pension world

Helen Forrest Hall says the PMI is evolving its approach to education and development as the industry undergoes unprecedented change

Helen Forrest Hall
clock 12 May 2026 • 4 min read
Buzz: Will the Pensions Commission be able to reach a political consensus?

Buzz: Will the Pensions Commission be able to reach a political consensus?

Pensions Commission, LGPS and TPR annual funding statement

Professional Pensions
clock 11 May 2026 • 1 min read
Member representation does not have to fade away

Member representation does not have to fade away

Daniela Silcock looks at how overseas schemes build the member voice into governance

Daniela Silcock
clock 11 May 2026 • 4 min read
Trustpilot