Columbia Management has announced that Joseph Sweigart has joined the firm in a new position as Senior Institutional Sales Director heading up Columbia and Threadneedle Investments’ joint business development in Latin America. Columbia and Threadneedle form the global asset management business of Ameriprise Financial.
Mr. Sweigart will report to Jeff Peters, Global Head of Institutional Distribution and Business Solutions, and will work closely with Ruben Garcia, Threadneedle’s Head of Iberia and Latin America Distribution and Dominik Kremer, Head of EMEA Institutional Distribution at Threadneedle.
Under Ruben Garcia’s leadership, Threadneedle has built a solid presence in Latin America including Chile, Peru and Colombia. Mr Sweigart will build on this success to drive the expansion of Columbia and Threadneedle’s presence in the region as well as uncovering further opportunities with Brazilian and Mexican pension funds as they embrace international asset managers in the coming years.
Joseph Sweigart has nearly 20 years’ experience in Latin American Distribution, most recently as Head of Lat Am Funds Distribution at JP Morgan Asset Management, where he had worked since 1995. He designed and implemented a successful strategy establishing franchises across numerous countries.
“Joe’s appointment reflects our intention to become the asset manager of choice for institutional clients in Latin America by bringing together the best of Columbia and Threadneedle’s global investment capabilities for the benefit of our clients” said Jeff Peters.
“ I am confident that Joe’s leadership, experience and local knowledge will be of great benefit for the growth of our institutional offering and client base in this fast growing region.”