A number of F&C investment trusts will be officially renamed from today (12 November) to align with the BMO Global Asset Management brand, four years after the acquisition of F&C Asset Management in 2014.
This is part of BMO Financial Group's wider plan to rebrand F&C, with all open-ended funds and corporate entities in Europe adopting the BMO name from Monday, along with all savings plans and half of its ten closed-ended vehicles. The £3.7bn Foreign and Colonial Investment trust has also formally changed its name to the F&C Investment trust from today, following approval from shareholders at the AGM earlier this year. BMO GAM to rename multi-manager funds and other strategies Customers' investments will not be affected by the changes and all aims and objectives will remain the same...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes