BMO Financial Group has unveiled plans to rebrand its asset management business in Europe, the Middle-East and Africa (EMEA) as BMO Global Asset Management, effective 6 July 2015.
As part of the move, F&C Asset Management, which was acquired by BMO in 2014, will form the centre-piece of the newly branded business.
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The institutional, intermediated retail and wholesale business of F&C will be called BMO Global Asset Management, while F&C REIT – the direct property investors -will be renamed as BMO Real Estate Partners.
Following the changes, the F&C distribution teams will operate under the BMO Global Asset Management brand and will be responsible for distributing the full range of capabilities within the business, which will also include boutique specialists LGM Investments, Monegy, Pyrford, TCH and the BMO Real Estate Partners.
F&C Investments and BMO Global Asset Management (EMEA) CEO Richard Wilson said: "As part of BMO Global Asset Management, F&C’s investment capabilities and solutions represent just one dimension of what we can now offer clients. We are updating our branding to reflect that better.
"Under BMO Global Asset Management we will continue to invest in our business, building on our ambitious plans to expand our distribution team and investing in our talent. We will strengthen our teams and aim to build on our market share substantially in existing markets – such as the UK and Germany – as well as add coverage to additional countries."
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