Columbia Threadneedle Investments

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

Columbia Threadneedle Investments

Company type	Subsidiary
Industry	Investment management
Predecessor	Columbia Management Group Threadneedle Asset Management
Founded	2015; 10 years ago (2015)
Headquarters	Atlantic Wharf, Boston , 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.com

Background

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

In April 2021, Columbia Threadneedle acquired BMO's European asset management business for $845 million. The deal included F&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 made stocks seem less attractive.^[7]

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. Newlands, Chris (January 11, 2015). "Threadneedle and Columbia in 'good yin-yang' merger". www.ft.com. Retrieved July 15, 2023.
2. "Ameriprise Financial to rebrand two fund businesses as Columbia Threadneedle Investments". Star Tribune. January 13, 2015. Retrieved March 26, 2021.
3. "Ameriprise to acquire most of BofA's Columbia for $1B". InvestmentNews. September 30, 2009. Retrieved January 11, 2023.
4. "Ameriprise Financial acquires Columbia Management". www.theasset.com. Retrieved March 26, 2021.
5. Flood, Chris (April 12, 2021). "Columbia Threadneedle buys European investment arm of Canada's BMO". Financial Times. Retrieved December 14, 2024.
6. Hickley, Sally (March 17, 2022). "BMO GAM rebranded as Columbia Threadneedle Investments". FT Adviser. Retrieved December 14, 2024.
7. Dunkley, Emma (October 30, 2024). "Columbia Threadneedle closes standalone UK small stocks unit". Financial Times. Retrieved January 1, 2025.
8. "About us". Columbia Threadneedle Investments. Archived from the original on April 3, 2015.

External links

• Official website