Asset manager Columbia Threadneedle Investments announced on Monday that it has completed the takeover of the EMEA operations of BMO Global Asset Management (BMO GAM), formerly owned by the Canadian Bank of Montreal Group. The operation started in November 2021 and includes BMO GAM (EMEA) products, savings plans, its website and legal entities.

Columbia Threadneedle Investments positions itself as an asset manager with a global footprint, specialising in long-term performance and investment capabilities in both core asset classes and real estate. With the integration of the BMO GAM (EMEA) funds, Columbia Threadneedle Investments now has approximately €628bn in assets under management across a range of equity, bond and alternative strategies.

In order to better match the brand and to provide clarity for its clients, Columbia Threadneedle Investments has made changes to the names of some of its funds. As such, all BMO legal entity names are subject to change. All BMO GAM branded funds domiciled in Europe have been renamed with the prefix CT.

For a consolidated offering

34 Irish-domiciled funds marketed under the BMO GAM brand have been renamed. The same applies to 122 funds domiciled in Luxembourg and 202 in the UK.

BMO GAM (EMEA) is considered a major player in European asset management, specialising in both liability-driven investing and fiduciary management. Nick Ring, CEO EMEA of Columbia Threadneedle Investments, stated: “We are delighted to bring our broad product range to the market in a consolidated package, with a range of services and strategies to meet clients’ needs.”

Ring said that with BMO GAM (EMEA), “we can bring even greater benefits to our clients, creating deeper research and better investment insights”.

Columbia Threadneedle Investments employs more than 2,500 people worldwide, including over 650 investment professionals in North America, Europe and Asia. The asset manager has a presence in Luxembourg.

Originally published in French by and translated for Delano