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

PRT market activity 'starting to surge' after 'subdued' start to the year

PRT market activity 'starting to surge' after 'subdued' start to the year

Aon says significant pipeline of transactions is building across the market

Holly Roach
clock 21 October 2026 • 2 min read
UK inflation jumps higher than forecast to 3.5% in 'dose of reality'

UK inflation jumps higher than forecast to 3.5% in 'dose of reality'

Interest rate hike ‘likely’

Michael Nelson
clock 21 October 2026 • 2 min read
News Digest: Pensions invest £11bn in UK private markets despite challenges

News Digest: Pensions invest £11bn in UK private markets despite challenges

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

Professional Pensions
clock 21 October 2026 • 1 min read
Trustpilot