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.