EMEA multi-asset boss departs Columbia Threadneedle seeking a 'career change'

Niven becomes asset allocation head

Eve Maddock-Jones
clock • 1 min read

Columbia Threadneedle’s global head of asset allocation, Toby Nangle, has stepped down today, according to the fund house.

Nangle(pictured) is leaving after a decade at the firm having "decided to have a change in his career", a spokesperson for Columbia Threadneedle has confirmed. As well as heading the firm's asset allocation team, Nangle headed up the EMEA multi-asset team throughout his tenure and was manager of several funds, including the £2.3bn Threadneedle Dynamic Real Return portfolio. His colleague, Paul Niven, will take over as head of asset allocation. Niven joined Columbia Threadneedle via the acquisition of BMO GAM (EMEA) that occurred last year. Regarding Nangle's funds, the spokesper...

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

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers have opportunity to deepen private market engagement

Advisers have opportunity to deepen private market engagement

Most client allocations to private markets are either 5%-10% or 1%-5%

Isabel Baxter
clock 18 November 2024 • 2 min read
Royal London cuts number of governed range portfolios

Royal London cuts number of governed range portfolios

Renaming remaining portfolios to reflect level of investment risk

Jenna Brown
clock 18 November 2024 • 1 min read
AJ Bell cuts fees across multi-asset income range

AJ Bell cuts fees across multi-asset income range

£1.5bn of inflows this year

Beth Brearley
clock 14 November 2024 • 1 min read