Columbia Threadneedle Investments has put its Global Chief Investment Officer transition plan into action. The asset manager has announced the retirement of Colin Moore, who currently holds this position, after nearly 20 years at the firm. He will be replaced by William Davies, currently EMEA CIO and Global Head of Equities, in January 2022.
The firm has highlighted the “key role” that Moore has played in shaping its global investment capability, including its “well-established and highly successful investment process based on collaboration across asset classes, research intensity and independent oversight to foster continuous improvement.” Under his leadership, Columbia Threadneedle has generated consistently strong long-term investment performance for individual and institutional clients, and today has 103 four- and five-star Morningstar-rated funds globally.
“I would like to recognise and thank Colin for his numerous contributions, including establishing our global investment capability that has delivered an enviable track record of consistently strong investment performance for our clients. We have built an outstanding and experienced team of more than 450 investment professionals across our global footprint, and as we look forward, William is well positioned to assume the Global CIO role. He is both an exceptional investor and respected people leader with a deep understanding of our firm having joined us in 1993. I look forward to working with William and Colin to ensure a smooth transition”, said Ted Truscott, Chief Executive Officer of the firm.
Meanwhile, Moore claimed to be grateful for the opportunity he’s had to establish a broad and deep investment capability for their clients. “We have spent considerable time ensuring a thoughtful succession, and I am extremely pleased that William will assume the Global CIO role next year. It has been a privilege to lead our team of dedicated, experienced investors who will continue to focus on delivering consistent, competitive investment performance for our clients under William’s leadership”, he added.
Lastly, Davies commented that his focus is unchanged: “I will continue to work with my colleagues to consistently deliver the investment performance our clients expect. I am honoured to lead our talented global investment organisation and look forward to continuing our partnership with colleagues across the business to help our individual and institutional clients achieve their investment goals.”
For Funds Society, Madrid
For Alicia Miguel