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

Buzz: Will pension buyout deals slow in 2026?

Buzz: Will pension buyout deals slow in 2026?

Buyout deals, TPR VfM proposal and DC investment in affordable housing

Professional Pensions
clock 26 January 2026 • 1 min read
News Digest: Pension buyout deals slow as big companies weigh retaining schemes

News Digest: Pension buyout deals slow as big companies weigh retaining schemes

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 26 January 2026 • 1 min read
UK Pensions Awards 2026: Entries close today!

UK Pensions Awards 2026: Entries close today!

This year’s awards will be held on 11 June at The Brewery in London

Professional Pensions
clock 23 January 2026 • 3 min read
Trustpilot