BOSTON--(BUSINESS WIRE)--Columbia Threadneedle Investments today announced that Scott E. Couto is joining the firm as head of North America, reporting to William F. “Ted” Truscott, chief executive officer. In this new role, Mr. Couto will oversee U.S. Intermediary Distribution, Product and Marketing. Columbia Threadneedle is a top 15 manager of long term mutual funds in the U.S.1 and manages $351 billion in the region.
Mr. Couto brings more than 27 years of industry experience to the firm. Most recently, he was President of Fidelity Institutional Asset Management and has held executive positions across distribution, product and marketing.
“We are delighted to welcome Scott to Columbia Threadneedle as head of North America,” said Ted Truscott. “Scott has a deep understanding of the asset management industry with significant experience spanning distribution, product and marketing. He is a strong leader who cares deeply about delivering for clients. We look forward to Scott joining our dedicated leadership team as we advance the business.”
Mr. Couto will be based in Boston. In addition to his role, he will also join the executive leadership team of Ameriprise Financial, Inc. (NYSE: AMP). Columbia Threadneedle Investments is the global asset management group of Ameriprise Financial.
About Columbia Threadneedle Investments:
Columbia Threadneedle Investments is a leading global asset manager that provides a broad range of investment strategies and solutions for individual, institutional and corporate clients around the world. With more than 2,000 people, including over 450 investment professionals based in North America, Europe and Asia, we manage $495 billion2 of assets across developed and emerging market equities, fixed income, asset allocation solutions and alternatives.
Columbia Threadneedle Investments is the global asset management group of Ameriprise Financial, Inc. (NYSE: AMP).
1ICI Complex Assets Report as of 12/31/17 for Columbia
Management Investment Advisers, LLC.
2As of 12/31/17.
Investment products in the U.S. offered through Columbia Management Investment Distributors, Inc., member FINRA. Advisory services provided by Columbia Management Investment Advisers, LLC.
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