Columbia Threadneedle completes £615m acquisition of BMO EMEA asset management business

Takes total AUM to £530bn

clock • 2 min read
Columbia Threadneedle completes £615m acquisition of BMO EMEA asset management business

Columbia Threadneedle Investments has completed the acquisition of BMO’s EMEA asset management business, adding £97bn ($131bn) in assets under management.

The £615m deal was struck by Columbia Threadneedle's parent company Ameriprise Financial in April. The acquisition, which takes Columbia Threadneedle's total AUM to £530bn ($714bn), will strengthen...

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