BMO Financial Group has rebranded its asset management business in Europe, the Middle-East and Africa (EMEA) as BMO Global Asset Management.
As part of the move, F&C Asset Management, which was acquired by BMO in May 2014, will form the centre-piece of the newly branded business, while F&C Real Estate Investment Trust (Reit) will now be known as BMO Real Estate Partners.
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Also, the institutional, intermediated retail and wholesale arm of F&C will now be called BMO Global Asset Management.
The rebrand will see the F&C distribution teams operating under the BMO Global Asset Management brand and will be responsible for distributing the full range of capabilities within the business including boutique specialists LGM Investments, Monegy, Pyrford and TCH.
However, F&C’s investment trust business or the F&C savings plans business and fund names will remain unchanged.
BMO Global Asset Management has recently appointed staff from Insight Investments and Mercer to build its client management team.
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By GlobalDataBMO Global Asset Management (EMEA) CEO Richard Wilson said: "The launch of BMO Global Asset Management in Emea marks an exciting phase of growth for the business. Under this brand, we will we expand our capabilities and distribution team across Europe, and continue to invest in our business as we aim to build on our market share in existing markets as well as add coverage to additional countries."
