Columbia Threadneedle Investments
Type | Subsidiary |
---|---|
Industry | Investment management |
Predecessor | Columbia Management Group Threadneedle Asset Management |
Founded | 2015[1] |
Headquarters | , U.S. |
Key people | William F. "Ted" Truscott (CEO) |
Products | Mutual funds ETFs Managed accounts 529 plan Closed-end funds |
AUM | US$725 billion (June 30, 2021) |
Number of employees | 2000+ (2020)[2] |
Parent | Ameriprise Financial |
Website | columbiathreadneedle.com |
Columbia Threadneedle Investments is an American asset management firm. It is a subsidiary of Ameriprise Financial and operates as its asset management arm.
History[]
Columbia Threadneedle was formed in 30 March 2015[1] as the result of a merger[3][4] between Columbia Management Group (an investment advisor and sponsor of mutual funds) and Threadneedle Asset Management (a non-US focused asset management firm based in the United Kingdom).[5] Columbia Management Group and Threadneedle Asset Management were subsidiaries of Ameriprise Financial which were acquired in 2010[6] and 2003[4] respectively.
In April 2021, Columbia Threadneedle acquired BMO's European asset management business for $845 million.[7]
Business overview[]
Columbia Threadneedle is headquartered in Boston with offices in 17 countries including Luxembourg, Singapore and the United Kingdom. Its businesses serve clients in the Americas, Europe, the Middle East and Asia.[8]
References[]
- ^ a b The Adviser Centre Team (30 March 2015). "Columbia Threadneedle Investments: re-brand goes live". www.theadvisercentre.co.uk.
- ^ "Lionstone Investments Announces Leadership Transition". AP NEWS. 4 March 2021.
- ^ LOBO, DYLAN (12 January 2015). "Threadneedle to rebrand on major investment merger". citywire.co.uk. Retrieved 2021-03-26.
- ^ a b "Ameriprise Financial to rebrand two fund businesses as Columbia Threadneedle Investments". Star Tribune. Retrieved 2021-03-26.
- ^ "Threadneedle Asset Management" (PDF). Adviserzone. 16 October 2014.
- ^ "Ameriprise Financial acquires Columbia Management". www.theasset.com. Retrieved 2021-03-26.
- ^ "Columbia Threadneedle agrees $845 million deal to acquire BMO European asset management business - The TRADE". www.thetradenews.com. Retrieved 2021-04-20.
- ^ "About us". Columbia Threadneedle Investments.
External links[]
- Companies based in Boston
- Financial services companies established in 2015
- Financial services companies of the United States
- Investment management companies of the United States
- Mutual funds of the United States