Top US mutual fund reduces its stake in Bank of Ireland

Barry J Whyte

Chief Feature Writer @whytebarry
23rd December, 2014

Giant American mutual fund investment company Ameriprise Financial has reduced its stake in Bank of Ireland, filings with the Irish Stock Exchange show.

According to Bloomberg, two of Ameriprise’s fund companies now hold less than 2 per cent of the bank.

Threadneedle Asset Management has, through several sub funds, a 1.36 per cent holding, while Columbia, also owned by Ameriprise, has a holding of 0.29 per cent.

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Content is king – just ask Netflix as rivals attempt to steal its crown

Tom Maguire: Tax changes we make now could help business for years