Update: F&C to adopt BMO Global Asset Management name

F&C has confirmed its sales and distribution businesses are to rebrand as BMO Global Asset Management, as the fund house becomes more closely integrated with its parent firm.

The change will mean F&C formally becomes the European centre of BMO Global Asset Management as of 6 July. Rebranding will be confined to F&C's sales and distribution businesses. The group's funds will keep the name first used in 1972, when F&C Asset Management was created to run the Foreign & Colonial investment trust. The Foreign & Colonial trust's own history extends back to 1868, and it too will retain its current branding. The firm's property division F&C REIT will be re-branded as BMO Real Estate Partners, however. "As we make the change, our rebranding efforts will be sup...