Columbia Threadneedle Investments

Polen Capital Expands Emerging Markets Capabilities, Launches Hong Kong Office

Retrieved on: 
Wednesday, March 1, 2023
Professional Services, Finance, Research, Growth, Capital, Emerging market, LGM, Philosophy, Columbia Threadneedle Investments

Polen Capital, a global asset manager, today announced the expansion of its Emerging Markets franchise, hiring LGM’s core Emerging Markets and China Equity investment teams, effective today.

Key Points: 
  • Polen Capital, a global asset manager, today announced the expansion of its Emerging Markets franchise, hiring LGM’s core Emerging Markets and China Equity investment teams, effective today.
  • The agreement sees an additional six investment professionals joining Polen Capital, bringing the expanded franchise to now include six strategies and 10 investment professionals, based in London and Polen’s newly launched Hong Kong office.
  • Polen will onboard and rebrand the team’s core emerging markets strategies and products including Emerging Markets Growth, China Growth and Emerging Markets Small Company Growth.
  • The team brings deep experience and a long track record building concentrated, quality growth portfolios in emerging markets, which aligns well with Polen’s focused investment philosophy,” said Damian Bird, Head of the Polen Emerging Markets Growth team.

Columbia Seligman Premium Technology Growth Fund Announces a First Quarter Distribution: 9.25% Annual Rate for IPO Investors

Retrieved on: 
Friday, February 3, 2023
Asset Management, Professional Services, Finance, CPP Investment Board, NCUA, FDIC, Investment, Security (finance), Table, Pension fund investment in infrastructure, Sale, Total, Risk, IPO, Movement, Policy, NAV, Regulation, Calendar, Columbia, FINRA, Life insurance, Cryptocurrency, Airline, Bank, Financial adviser, Fund, Columbia Threadneedle Investments

Average annual total return of a share of the Fund’s common stock at NAV for the period since inception of Fund Investment operations through the period noted includes the 4.50% sales load assessed to IPO investors.

Key Points: 
  • Average annual total return of a share of the Fund’s common stock at NAV for the period since inception of Fund Investment operations through the period noted includes the 4.50% sales load assessed to IPO investors.
  • Investors should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing.
  • Columbia Threadneedle Investments (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies.
  • Columbia Seligman Premium Technology Growth Fund is managed by Columbia Management Investment Advisers, LLC.

Movella Announces Closing of Business Combination With Pathfinder Acquisition Corp.

Retrieved on: 
Friday, February 10, 2023
Columbia Threadneedle Investments, Automation, Latham & Watkins, Kirkland, GIC, Acquisition, Pillsbury Winthrop Shaw Pittman, Sale, FP, Movement, Business architecture, Dignity Health Sports Park, Francisco Partners, Growth, Kirkland & Ellis, PIK, Security (finance), Stifel, Pathfinder

HENDERSON, Nev., Feb. 10, 2023 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (“Movella”), a global leader in the digitization of movement, announced today the completion of its previously announced business combination (the “Business Combination”) with Pathfinder Acquisition Corp. (Nasdaq: PFDR) (“Pathfinder”), a special purpose acquisition company.

Key Points: 
  • HENDERSON, Nev., Feb. 10, 2023 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (“Movella”), a global leader in the digitization of movement, announced today the completion of its previously announced business combination (the “Business Combination”) with Pathfinder Acquisition Corp. (Nasdaq: PFDR) (“Pathfinder”), a special purpose acquisition company.
  • The Business Combination was approved by the respective Boards of Directors and shareholders of Pathfinder and Movella Inc.
  • “We are honored to partner with Ben and the Movella management team to continue bringing great solutions to market and shape the industry.”
    The Business Combination values Movella at a pro forma enterprise value1 of $504 million.
  • Under the terms of the investment, FP acquired $75 million of Pathfinder common stock prior to closing through a direct placement of Pathfinder stock.

Columbia Threadneedle Investments’ Melda Mergen Named a Global Equities Leader of the Year

Retrieved on: 
Wednesday, December 7, 2022
Banking, Professional Services, Human Resources, Finance, Culture, Ameriprise Financial, FINRA, Woman, Mergen, Lara Melda, Shanghai Municipal Investment Group, NYSE, Workplace, Multimedia, Security (finance), Financial adviser, Pension fund, Columbia Threadneedle Investments

Columbia Threadneedle Investments today announced that Melda Mergen, Global Head of Equities, has been recognized as one of the top women in asset management by DiversityQ as part of its 2022 U.S. Women in Asset Management Awards program.1 Melda was named a co-winner in the global equities category.

Key Points: 
  • Columbia Threadneedle Investments today announced that Melda Mergen, Global Head of Equities, has been recognized as one of the top women in asset management by DiversityQ as part of its 2022 U.S. Women in Asset Management Awards program.1 Melda was named a co-winner in the global equities category.
  • Melda is an accomplished investor and an outstanding people leader and advocate for diversity and inclusion within the asset management industry, said William Davies, Global Chief Investment Officer.
  • 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.
  • Columbia Threadneedle Investments (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies.

At COP15, Investors Announce Nature Action 100 to Tackle Nature Loss and Biodiversity Decline

Retrieved on: 
Sunday, December 11, 2022
Working group, Biodiversity, Nature, BNP Paribas Asset Management, National Immunization Technical Advisory Group, Conference, Private sector, Church Commissioners, Robeco, Biodiversity loss, Caribbean Research and Management of Biodiversity Foundation, Axa Investment Managers, Columbia Threadneedle Investments, Secretariat, Ceres, United Nations Convention, Biology, Party, Climate change, Security (finance), COP15

MONTREAL, Dec. 11, 2022 /PRNewswire/ -- During a main stage session today at the 15th Conference of the Parties to the United Nations Convention on Biological Diversity (COP15), a group of institutional investors announced the formation of Nature Action 100, a new global engagement initiative which focuses on investors driving urgent action on the nature-related risks and dependencies in the companies they own.

Key Points: 
  • Nature Action 100 aims to drive greater corporate ambition and action on tackling nature loss and biodiversity decline, and will complement the United Nations Convention on Biological Diversity's Global Biodiversity Framework by identifying the private sector actions that need to be undertaken to protect and restore nature and seek to catalyze these actions via investor-company engagements.
  • A formal launch of the Nature Action 100 initiative will take place next year.
  • Investors will focus on companies in sectors deemed to be systemically important to the goal of reversing nature and biodiversity loss by 2030.
  • They will work to ensure companies are taking timely and necessary actions to protect and restore nature and ecosystems.

Invest in Others Awards Funding to Nine Charities in its Third-Annual Grants for Change Program

Retrieved on: 
Monday, December 5, 2022
Moody's Analytics, PIMCO, Culture, Change, Ameriprise Financial, Veteran, Organic, Fidelity Investments, Hunger, Mentorship, Nonprofit organization, National Black MBA Association, Investment, Multimedia, North Central Florida Chapter of NIGP, Education, American Men and Women of Science, Columbia Threadneedle Investments, Equitable, Central Florida, Cetera Financial Group, Health, Advisor Group, Police Citizens Youth Club, Pharmaceutical industry, Broadcasting, Others

BOSTON, Dec. 5, 2022 /PRNewswire/ -- The Invest in Others Charitable Foundation ("Invest in Others"), a nonprofit dedicated to furthering and amplifying the charitable work of financial professionals and their firms, has awarded $160,000 to nine charities as part of its third-annual Grants for Change program, which provides critical funding to diverse nonprofits that uplift underserved communities.

Key Points: 
  • From San Clemente, Calif. to Philadelphia, Penn., the 2022 Grants for Change Award recipients serve communities nationwide.
  • The nine Grants for Change recipients include:
    African American Men of Westchester (White Plains, N.Y.)
    The Central Florida Chapter of the National Black MBA Association, Inc. (Orlando, Fla.)
    Community Works of Louisiana (New Orleans, La.)
  • "We hope this funding helps to ease some of the burden many nonprofits experience at this time of year," said Megan McAuley, Executive Director & President of Invest in Others.
  • Invest in Others is a catalyst to channel philanthropy and volunteerism to where it is needed most.

Columbia Seligman Premium Technology Growth Fund Announces a Special Fourth Quarter Distribution

Retrieved on: 
Friday, December 2, 2022
Finance, Banking, Professional Services, Other Technology, Technology, Transfer, NAV, Policy, FINRA, Sale, NCUA, Customer service representative, Regulation, Movement, Table, FDIC, Pension fund investment in infrastructure, Columbia, CPP Investment Board, Investment, Security (finance), Calendar, IPO, Total, Risk, Life insurance, Renewable energy, Financial adviser, Bank, Fund, Columbia Threadneedle Investments

A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.

Key Points: 
  • A return of capital distribution does not necessarily reflect the Funds investment performance and should not be confused with yield or income.
  • You should not draw any conclusions about the Funds investment performance from the amount of this distribution or from the Funds distribution policy.
  • Columbia Threadneedle Investments (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies.
  • Columbia Seligman Premium Technology Growth Fund is managed by Columbia Management Investment Advisers, LLC.

Tri-Continental Corporation Declares Fourth Quarter Distribution

Retrieved on: 
Thursday, November 17, 2022
Professional Services, Finance, Common stock, Investment, FINRA, Ameriprise Financial, Preferred stock, FDIC, Prospectus, NYSE, Columbia, Policy, Security (finance), NCUA, Risk, Holding company, Bank, Financial adviser, Columbia Threadneedle Investments, Corporation

Tri-Continental Corporation (the Corporation) (NYSE: TY) today declared a fourth quarter ordinary income distribution of $0.2651 per share of Common Stock and $0.6250 per share of Preferred Stock.

Key Points: 
  • Tri-Continental Corporation (the Corporation) (NYSE: TY) today declared a fourth quarter ordinary income distribution of $0.2651 per share of Common Stock and $0.6250 per share of Preferred Stock.
  • In addition, the Corporation declared a total long-term capital gain distribution of $0.6213 per share of Common Stock.
  • The $0.2651 per share ordinary income distribution and the $0.6213 per share capital gain distribution on the Common Stock is in accordance with the Corporations distribution policy.
  • The Corporations current distributions (as estimated by the Corporation based on current information) are from the earnings and profits of the Corporation.

Columbia Research Enhanced Core ETF (RECS) and Columbia Research Enhanced Value ETF (REVS) Celebrate Three-Year Milestone

Retrieved on: 
Monday, October 17, 2022
Professional Services, Finance, Beta, Fund, Communication, Risk, Investment, Large Value Transfer System, Russell, LLC, NYSE, Ameriprise Financial, London Stock Exchange Group, Twitter, ETF, Solution, ALPS, Special adviser (UK), Industry, FINRA, LSE, Russell 1000 Index, Morningstar Rating for Funds, Prospectus, FTSE, FTSE Russell, Security (finance), Financial adviser, Life insurance, Bank, Index, Columbia Threadneedle Investments

Columbia Threadneedle Investments (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies.

Key Points: 
  • Columbia Threadneedle Investments (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies.
  • Columbia Research Enhanced Core ETF earns a five-star Overall Morningstar Rating among 1237 funds in the Large Blend category as of September 30, 2022, and Columbia Research Enhanced Value ETF earns a three-star Overall Morningstar Rating among 1153 funds in the Large Value category as of September 30, 2022, based on a Morningstar risk-adjusted return measure.
  • As of June 30, 2022; Includes all assets managed by entities in the Columbia and Threadneedle group of companies.
  • The Beta Advantage Research Enhanced U.S. Value Index (the Index) aims to achieve stronger total return than the Russell 1000 Value Index through a rules-based strategic beta approach.

Columbia Thermostat Fund Celebrates 20-Year Anniversary

Retrieved on: 
Tuesday, October 11, 2022
Professional Services, Finance, Risk, Columbia, LLC, NYSE, Ameriprise Financial, Income, Twitter, Index, Flexible, Industry, FINRA, Morningstar Rating for Funds, Lipper, Classification, Prospectus, Solution, Refinitiv, Security (finance), Life insurance, Columbia Threadneedle Investments

Columbia Threadneedle Investments (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies.

Key Points: 
  • Columbia Threadneedle Investments (Columbia Threadneedle) is the global brand name of the Columbia and Threadneedle group of companies.
  • The Columbia Thermostat Fund was awarded for best 3-year performance out of 148 fund in the Flexible Portfolio Funds category, for the period ended 12/31/20, Class Institutional 3 shares.
  • 2 Columbia Thermostat Fund earns a five-star Overall Morningstar Rating among 260 funds in the Tactical Allocation category as of September 30, 2022 based on a Morningstar risk-adjusted return measure.
  • Columbia Thermostat Fund is distributed by Columbia Management Investment Distributors, Inc., member FINRA, and managed by Columbia Wanger Asset Management, LLC.