Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:20 Years, $1.4B In AUM Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, October 18, 2022

20 Years, $1.4B In AUM

Reported by Neil Anderson, Managing Editor

The team at a publicly traded company's $598-billion-AUM, 2,500-plus-employee asset management arm is celebrating a big milestone for a systematic, tactical allocation mutual fund.

Anwiti Bahuguna
Columbia Threadneedle Investments
Senior Portfolio Manager, Head of Multi-Asset Strategy
Last week, Anwiti Bahuguna, head of multi-asset strategy at Ameriprise's Columbia Threadneedle Investments [profile], trumpeted the recent 20-year anniversary of the Columbia Thermostat Fund. The asset allocation fund's 20th birthday was September 25.

The fund comes in several share classes, including A shares, Advisor shares, C shares, Institutional shares, Institutional2 shares, and Institutional3 shares. As of September 30, it held $1.431 billion in AUM. Bahuguna and Alex Rivas serve as the fund's PMs, and Columbia Wanger Asset Management, LLC serves as its investment advisor.

"What I love most about the fund is that it reflects the pure essence of investing, to buy low and sell high," Bahuguna states. "We've found that many invesetors are tempted to buy as markets get hot and sell as things cool down, which we all know can lead to poor investment outcomes. This fund is designed to take the emotion out of investing by helping investors navigate the market with the goal of long-term total returns." 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q4Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use