BMO Financial Group has completed the re-branding of its asset management business in Europe, the Middle East and Africa (Emea) as BMO Global Asset Management.
The rebranding follows last year’s acquisition of F&C Asset Management, which will form a central focus of the newly branded business. F&C’s institutional, intermediated retail and wholesale business is now known as BMO Global Asset Management.
F&C Real Estate Investment Trust (Reit), the direct property investors, is now known as BMO Real Estate Partners. There have been no changes to F&C’s investment trust business or the F&C savings plans and no fund names have changed.
The F&C distribution team will operate under the BMO Global Asset Management brand. The team is responsible for distributing all capabilities within the BMO Global Asset Management business, including boutique specialists LGM Investments, Monegy, Pyrford and TCH.
Richard Wilson, chief executive of BMO Global Asset Management (Emea), says: “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.”
BMO Global Asset Management has also launched a website for its operations in Emea, at www.bmogam.com.
As part of its expansion in Europe, BMO Global Asset Management recently hired personnel from Insight Investments and Mercer to build its client management team.