BMO Global Asset Management’s funds will adopt the Columbia Threadneedle moniker eight after being acquired by the business, reports ours sister publicaton, Portfolio Adviser.
Come July, BMO Gam’s fund ranges will adopt a ‘CT’ prefix to bring them in line with the Columbia Threadneedle branding.
The changes will not impact products falling under its Pyrford brand, which encompasses its specialist international equities arm. Name changes for its investment trusts will be left up to their respective boards.
BMO Gam described the move as a “significant milestone in our transition to becoming an integrated organisation”.
The fund group officially became part of Columbia Threadneedle last November. As part of the transition, the two firms have been integrating their technology, operations and governance, as well as sharing internal research and collaborating across investment desks.
Several of BMO Gam’s executives, including CIO Richard Watts, head of alternatives Stewart Bennett and global head of distribution David Logan, have become part of Columbia Threadneedle’s senior management team.
“There is a strong cultural fit between the two firms, which will be further strengthened as we come together under one brand,” BMO Gam said.
“We share a client-centric culture, a collaborative and research-based investment approach, and a long-held commitment to responsible investment principles.”