Columbia Threadneedle Investments, the global asset management arm of Ameriprise Financial, has appointed Scott Couto as the head of its North America business.
Based in Boston, Couto will manage intermediary distribution, product and marketing for Columbia Threadneedle in the US. He will report to the firm’s CEO William Truscott in the new role.
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At the same time, he will also become a member of the executive leadership team at Ameriprise.
Couto has an experience of over 27 years in the industry. He joins from Fidelity Institutional Asset Management, where he latterly served as the president.
“Scott has a deep understanding of the asset management industry with significant experience spanning distribution, product and marketing. He is a strong leader who cares deeply about delivering for clients,” Truscott said.
Columbia Threadneedle offers investment strategies for individual, institutional and corporate clients and employs over 2,000 staff. As at 31 December 2017, the firm managed $495bn in assets across equities, fixed income, asset allocation solutions and alternatives.
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