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

Aon outlines 2026 pensions hopes and fears

Aon outlines 2026 pensions hopes and fears

Hopes include progress on CDC and the Virgin Media case, and warnings against any future PPF levy increase

Jasmine Urquhart
clock 16 December 2025 • 2 min read
News Digest: BlackRock loses second Dutch pension mandate over sustainable investing concerns

News Digest: BlackRock loses second Dutch pension mandate over sustainable investing concerns

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

Professional Pensions
clock 16 December 2025 • 1 min read
David Butcher launches online mind management programme

David Butcher launches online mind management programme

Course in techniques to help people feel calmer and think more clearly begins on 9 Jan

Professional Pensions
clock 15 December 2025 • 1 min read
Trustpilot