 | |
| Company type | Subsidiary |
|---|---|
| Industry | Investment management |
| Predecessor | Columbia Management Group Threadneedle Asset Management |
| Founded | 2015; 10 years ago (2015) |
| Headquarters | Atlantic Wharf,, United States |
Key people | William F. "Ted" Truscott (CEO) |
| Products | Mutual funds ETFs Managed accounts 529 plan Closed-end funds |
| AUM | US$672 billion (September 2024) |
Number of employees | 2,500 (2024) |
| Parent | Ameriprise Financial |
| Subsidiaries | F&C Asset Management |
| Website | columbiathreadneedle |
Columbia Threadneedle Investments is an Americanasset management firm. It is a subsidiary ofAmeriprise Financial and operates as its asset management arm.
Columbia Threadneedle was formed in 2015 as the result of amerger betweenColumbia Management Group (an investment advisor and sponsor ofmutual funds) and Threadneedle Asset Management (a non-US focused asset management firm based in theUnited Kingdom). Columbia Management Group and Threadneedle Asset Management weresubsidiaries ofAmeriprise Financial which were acquired in 2010 and 2003 respectively. Columbia Management was the asset management business ofBank of America.[1][2][3][4]
In April 2021, Columbia Threadneedle acquiredBMO's European asset management business for $845 million. The deal includedF&C Asset Management.[5] The BMO funds were subsequently rebranded to the Columbia Threadneedle name.[6]
In October 2024, Columbia Threadneedle closed its standalone UK small stocks unit. This came at a time where investors were pulling money ahead of a UK Budget that would make stocks seem less attractive.[7]
Columbia Threadneedle is headquartered inBoston with offices in 17 countries includingLuxembourg,Singapore and theUnited Kingdom. Its businesses serve clients in theAmericas,Europe, theMiddle East andAsia.[8]
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