Columbia Threadneedle Investments Partners with State Street Corporation
Service Provider Selection: Columbia Threadneedle Investments has chosen State Street Corporation to provide a unified and outsourced global back office, which includes fund accounting, administration, and custody services for its pooled funds, including ETFs, in both the U.S. and Europe.
Transition of Services: In North America, Columbia Threadneedle will consolidate its fund accounting and administration services for U.S. pooled funds with State Street. Over 100 employees from Columbia Threadneedle are expected to transition to State Street, ensuring continuity and expertise for fund shareholders.
European Operations: In Europe, the consolidation will extend to fund accounting, administration, depositary, and custody services for UK and Luxembourg-based pooled funds, further strengthening the existing relationship between Columbia Threadneedle and State Street.
Strategic Importance and Future Plans
Operational Excellence: David Logan, Head of EMEA and Global Business Operations at Columbia Threadneedle, emphasized that enhancing their operating platform is a strategic priority, aimed at driving efficiencies and meeting the evolving needs of global investors.
Long-standing Relationship: Joerg Ambrosius, president of Investment Services at State Street, highlighted the successful decades-long partnership and expressed commitment to supporting Columbia Threadneedle's growth and operational excellence.
Financial Impact: The consolidation is expected to create efficiencies and savings for fund shareholders, with no material financial impact anticipated for Ameriprise Financial, Columbia Threadneedle’s parent company. The transition to State Street will begin in Q4 2025 and is projected to take about one year to complete.
About Columbia Threadneedle Investments
Company Overview: Columbia Threadneedle Investments is a prominent global asset manager managing approximately $690 billion in assets across various investment strategies. The firm employs around 2,300 people, including 550 investment professionals, across North America, Europe, and Asia.
Parent Company: Columbia Threadneedle is the global asset management group of Ameriprise Financial, Inc. (NYSE: AMP), indicating its significant role in the financial services sector.
AMP
$487.5+Infinity%1D
Analyst Views on AMP
Wall Street analysts forecast AMP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMP is 545.50 USD with a low forecast of 484.00 USD and a high forecast of 594.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
Wall Street analysts forecast AMP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMP is 545.50 USD with a low forecast of 484.00 USD and a high forecast of 594.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Buy
4 Hold
1 Sell
Moderate Buy
Current: 486.600
Low
484.00
Averages
545.50
High
594.00
Current: 486.600
Low
484.00
Averages
545.50
High
594.00
BofA
Buy
maintain
$592 -> $653
2025-12-10
Reason
BofA
Price Target
$592 -> $653
2025-12-10
maintain
Buy
Reason
BofA raised the firm's price target on Ameriprise to $653 from $592 and keeps a Buy rating on the shares. Looking ahead to 2026, the firm now favors the alternative asset managers to online brokers due to what it sees as a better valuation and positioning setup combined with a stronger macro backdrop, the analyst tells investors in a note on the brokers, asset managers and exchanges group.
JPMorgan
Neutral
downgrade
2025-12-08
Reason
JPMorgan
Price Target
2025-12-08
downgrade
Neutral
Reason
JPMorgan lowered the firm's price target on Amplifon to EUR 16.70 from EUR 22.60 and keeps a Neutral rating on the shares.
Keefe Bruyette
Ryan Krueger
Market Perform
downgrade
$550 -> $530
2025-11-03
Reason
Keefe Bruyette
Ryan Krueger
Price Target
$550 -> $530
2025-11-03
downgrade
Market Perform
Reason
Keefe Bruyette analyst Ryan Krueger lowered the firm's price target on Ameriprise to $530 from $550 and keeps a Market Perform rating on the shares.
RBC Capital
Outperform
to
NULL
downgrade
$601 -> $550
2025-11-03
Reason
RBC Capital
Price Target
$601 -> $550
2025-11-03
downgrade
Outperform
to
NULL
Reason
RBC Capital lowered the firm's price target on Ameriprise to $550 from $601 and keeps an Outperform rating on the shares after its Q3 results. Wrap net flows related to two team departures were a focus in the quarter, and while the management upped advisor comp packages on the margin, the distribution expense ratio is likely to remain within 66%-67% range, the firm added.
About AMP
Ameriprise Financial, Inc. is a diversified financial services company. The Company’s segments include Advice & Wealth Management, Asset Management, Retirement & Protection Solutions and Corporate & Other. The Advice & Wealth Management segment provides financial planning and advice, as well as full-service brokerage services, primarily to retail clients through the Company’s advisors. The Asset Management segment provides investment management, advice and products to retail, high net worth and institutional clients on a global scale through the Columbia Threadneedle Investments brand. It provides institutional products and services through its institutional sales force. The Retirement & Protection Solutions segment includes retirement solutions (variable annuities and payout annuities) and protection solutions (life and disability income insurance). Retirement Solutions provides variable annuity products by RiverSource Life companies to individual clients.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
