225 Franklin Street
Boston, MA 02110
Google Maps
Contact
Main Phone: 866-444-5435
Web Site:
http://www.columbiafunds.com/home.htm
Mutual Fund Brand(s)
Columbia Threadneedle, Columbia Acorn
Research Links
Stock Data: SEC Filings | Yahoo! Quote
SEC Fund Filings by CIK
|
|
Background:
|
On April 15, 2011, Columbia Management unveiled a deal to buy active ETF shop Grail Advisors for an undisclosed sum. The firm also announced plans to launch 17 new ETFs in 2012, in an effort to plug outflows from its actively managed mutual funds that it had been experiencing for four years. As of May 2014, the firm had $300 billion in assets.
Effective May 1, 2010, Columbia Management serves as the U.S. asset management brand of insurance brokerage Ameriprise Financial. Ameriprise bought the long-term Columbia business from Bank of America (BofA kept the money market business) for about $1 billion.
Columbia is now largely swallowing Ameriprise's prior proprietary asset management brand, RiverSource. (Ameriprise still uses the RiverSource brand for non-asset management products like annuities and life, health and disability insurance.)
Prior to the Ameriprise merger, Columbia Funds was already a conglomeration of a number of fund families brought under one roof through a number of deals. That includes the merger between Fleet Bank and BofA. Fleet had earlier acquired Liberty Financial, whose fund brands range from the Acorn Fund (Wanger Asset Mgmt) to the 1784 Funds which had earlier absorbed the BayFunds.
|
|
Sponsored Opportunities
|
|
Key People:
|
Ted Truscott
CEO, Columbia Management | Joe Kringdon
Managing Director, Head of Intermediary Distribution, Columbia Management | Kevin Connaughton
President, Mutual Funds, Columbia Management | Christopher Thompson
Senior Managing Director--Head of US Retail Client Group, AllianceBernstein | Colin Moore
Global Chief Investment Officer, Columbia Threadneedle Investments | Dan Beckman
Head of US Product, Columbia Threadneedle Investments | Jeff Peters
Head of Institutional Distribution, Columbia Management | Amy Unckless
Chief Administrative Officer, Columbia Management | Anwiti Bahuguna
Senior PM, Columbia Threadneedle Investments | Marie Schofield
Chief Economist and Senior Portfolio Manager , Columbia Threadneedle Investments | Joe Feloney
Senior Vice President, National Sales Manager, Private Client Advisory, DC I-O, and Subadvised, Columbia Threadneedle Investments |
|
|
Get MFWire Alerts
Raw XML
