News Releases

TORONTO, ONTARIO and LONDON, UNITED KINGDOM--(Marketwired - June 12, 2015) - BMO Financial Group today announced that its asset management business in Europe, the Middle-East and Africa (EMEA) will be rebranding as BMO Global Asset Management.

The announcement follows last year's acquisition of F&C Asset Management plc, which will form the centrepiece of the newly branded business. F&C's institutional, intermediated retail and wholesale business will be re-branded BMO Global Asset Management.

F&C REIT, the direct property investors, will be re-branded as BMO Real Estate Partners. There will be no change to F&C's investment trust business. No fund names are changing. All changes are effective July 6, 2015.

The F&C distribution teams will operate under the BMO Global Asset Management brand. They will be responsible for distributing the full range of capabilities within the BMO Global Asset Management business, which also includes boutique specialists LGM Investments, Monegy, Pyrford, TCH and the soon to be called BMO Real Estate Partners.

"F&C Investments has become renowned for the strong performance of its products, innovative solutions and client dedication. We look forward to building on this success under the BMO Global Asset Management brand," said Barry McInerney, Co-CEO, BMO Global Asset Management.

"As a leading global asset manager, we're focused on providing clients with solutions that meet their evolving needs by drawing on the success and capabilities across a range of assets. We will continue to provide relevant, best-of-breed products to investors across the region."

Richard Wilson, Chief Executive of F&C Investments and BMO Global Asset Management (EMEA) commented, "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. We will continue to centre our business around our clients, delivering consistent investment performance and reliable delivery of relevant products across Europe."

"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."

About BMO Global Asset Management

BMO Global Asset Management is a global investment manager delivering service excellence from 24 offices in 14 countries to clients across five continents. Including discretionary and nondiscretionary assets, BMO Global Asset Management had more than US$254 billion in assets under management, as of April 30, 2015.

Headquartered by four multi-disciplined investment teams based in Toronto, Chicago/Milwaukee, London and Hong Kong, the organization is complemented by a network of world-class boutique managers strategically located across the globe. They include the soon to be called BMO Real Estate Partners, F&C Investments, LGM Investments, Monegy, Inc., Pyrford International Ltd., and Taplin, Canida & Habacht, LLC. With operations throughout North America and Europe, and in Abu Dhabi, Mumbai, Beijing, Shanghai, Hong Kong, Melbourne and Sydney, BMO Global Asset Management has been recognized by Pension & Investments as one of the world's largest 100 asset managers based on combined assets under management as of December 31, 2014 and is a signatory of the United Nations-supported Principles for Responsible Investment initiative (UNPRI).

BMO Global Asset Management is a part of BMO Financial Group (NYSE:BMO), a fully diversified financial services organization with total assets of C$633 billion as of April 30, 2015, and more than 47,000 employees.