Columbia Threadneedle Investments

Columbia Threadneedle Investments is an American asset management firm. It is a subsidiary of Ameriprise Financial and operates as its asset management arm.

Columbia Threadneedle Investments
TypeSubsidiary
IndustryInvestment management
PredecessorColumbia Management Group
Threadneedle Asset Management
Founded2015 (2015)[1]
HeadquartersAtlantic Wharf,
Boston
,
United States
Key people
William F. "Ted" Truscott (CEO)
ProductsMutual funds
ETFs
Managed accounts
529 plan
Closed-end funds
AUMUS$584 billion (December 31, 2022)
Number of employees
2700+ (2022)
ParentAmeriprise Financial
Websitecolumbiathreadneedle.com

History

Columbia Threadneedle was formed in 30 March 2015[1] as the result of a merger[2][3] 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).[4] Columbia Management Group and Threadneedle Asset Management were subsidiaries of Ameriprise Financial which were acquired in 2010[5] and 2003[3] respectively. Columbia Management was the asset management business of Bank of America.[6]

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
  1. The Adviser Centre Team (30 March 2015). "Columbia Threadneedle Investments: re-brand goes live". www.theadvisercentre.co.uk.
  2. LOBO, DYLAN (12 January 2015). "Threadneedle to rebrand on major investment merger". citywire.co.uk. Archived from the original on 2016-06-16. Retrieved 2021-03-26.
  3. "Ameriprise Financial to rebrand two fund businesses as Columbia Threadneedle Investments". Star Tribune. Retrieved 2021-03-26.
  4. "Threadneedle Asset Management" (PDF). Adviserzone. 16 October 2014. Archived (PDF) from the original on 2016-07-05.
  5. "Ameriprise Financial acquires Columbia Management". www.theasset.com. Retrieved 2021-03-26.
  6. "Ameriprise to acquire most of BofA's Columbia for $1B". InvestmentNews. 2009-09-30. Retrieved 2023-01-11.
  7. "Columbia Threadneedle agrees $845 million deal to acquire BMO European asset management business - The TRADE". www.thetradenews.com. Retrieved 2021-04-20.
  8. "About us". Columbia Threadneedle Investments. Archived from the original on 2015-04-03.
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