Our Story
Becoming a leading global asset management company
As we have grown from
our origins in the UK insurance industry, we have maintained our independence
and continued to innovate.
| 1994 | British American
Tobacco (BAT) merges the investment operations of Eagle Star and Allied Dunbar,
forming the Threadneedle Group. |
| 1997 | Zurich Financial
Services Group buys the company. Threadneedle remains autonomous and retains
its management. |
| | Threadneedle creates the UK's
first open-ended investment company (OEIC), with funds available in the UK and
Europe. |
| 1998 | Threadneedle expands into
Europe, becoming one of the first UK-based groups to serve clients in Germany
and Austria. |
| 2000 | The company launches its
first hedge fund, under the Crescendo sub-brand. |
| 2001 | Threadneedle launches its
defined contribution business in the UK. |
| 2002 | Threadneedle adds Switzerland
to its list of European markets. |
| 2003 | Threadneedle enters the
French market. |
| | American Express buys
Threadneedle's parent company. Threadneedle remains autonomous and retains its
management. |
| 2005 | Threadneedle's client list
expands to include financial institutions in the Nordic region. |
| | Threadneedle becomes the
international investment operation of Ameriprise Financial, the financial
services arm of American Express, established as a separate
company. |
| 2006 | Threadneedle enters the Dutch
institutional market. |
| 2007 | Threadneedle enters the
Spanish institutional market, launches its first 130/30 fund and acquires hedge
fund business Convivo Capital boosting hedge funds under management to $3,4bn
(as at 31.12.2007). |
| | Threadneedle launches in Asia
with the opening of the Hong Kong office. |
| 2008 | Threadneedle expands its
Defined Contribution (DC) pensions operations with the acquisition of full
service DC business from Invesco Perpetual. |
| | Threadneedle expands into the
US Market. |