BMO buys F&C Asset Management

By Staff | May 8, 2014 | Last updated on May 8, 2014
1 min read

BMO Global Asset Management Europe has bought F&C Asset Management plc.

Read: BMO cuts 7 ETF fees

With this acquisition, BMO Global Asset Management now has 24 offices in 14 countries, serving clients across five continents. Approximately half of its assets under management belong to clients located outside of North America.

F&C will continue to operate under its CEO, Richard Wilson, and his management team.

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The staff of have been covering news for financial advisors since 1998.