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See how Citi is taking steps to help mitigate the effects of the pandemic, from helping clients to providing relief through funds to frontline healthcare workers, organizations such as No Kid Hungry and more. Despite the pandemic limiting options for group events, Citi was determined to do our part through meaningful volunteerism. The Citi Plex Account is a new digital checking and savings account built to make managing money simpler, smarter and more rewarding. Community Development Financial Institutions do more than provide capital, they level the playing field for communities and populations at risk of being left behind. Market attention has focused on the bearish potential return of the U.

Threadneedle investments london office supply store instituto venezolano de ejecutivos de finanzas forex

Threadneedle investments london office supply store

For six weeks from 30 April, The Art Room will have a major presence in Selfridges with three exciting in-store projects that will celebrate this leading charity and raise invaluable funds for its work. The chairs are suspended in Selfridges' main Atrium space and from 22 May will be auctioned online. The chairs represent the practise of The Art Room, where children work with trained practitioners to transform everyday items such as chairs, lampshades, aprons and clocks, as an introduction to the sense of empowerment found through transforming ordinary objects into something individual and creative.

In addition, a pop-up Art Room in Selfridges will host workshops. Finally, students of The Art Room have worked with the Selfridges creative team to transform one of the stores windows. In Columbia Threadneedle Foundation committed to a long-term partnership with The Art Room, which supports children who are experiencing emotional and behavioural difficulties.

Every day the Mission provides food, clothing, and shelter to as many as people who come every morning for a hot breakfast and to have a shower after a night sleeping on the street. Over the last 20 years the showers had become very tired. Over the course of two weeks, the windows and ventilation system were replaced, along with all the tiles on the shower walls. Mouldy ceiling tiles were removed or repainted, new non-slip materials put down on the floors, and the plumbing and shower equipment brought up to date.

The evaluation focused on the differences that attending the Money Mentors programme has made to the finances, health and personal lives of participants and found that:. The Foundation provided a grant to support The Sandwich People, a social enterprise project run by The Salvation Army that delivers freshly made sandwiches, fair trade chocolate and snacks to local companies in Swindon - including Columbia Threadneedle - on a daily basis.

The Sandwich People provides individuals with an opportunity to get back into a regular routine, undertake training, socialise, and develop work skills. Participants undertake professionally accredited food handling training and have the opportunity to be assessed for a qualification in customer service. The Sandwich People aims to help individuals back into work, providing training and supporting them to develop new skills. It also aims to build confidence amongst participants, through routine, creating new positive social networks and by teamwork.

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All insights World In Motion - Global equities blog. Global Home Media Centre Contact us. Columbia Threadneedle Foundation Latest News. Latest News. April Foundation supports Covid19 relief efforts. February Foundation supports the first inclusive Mountain Bike school in Spain. January Columbia Threadneedle Foundation celebrates 5 years!

December Columbia Threadneedle Foundation highlights. Jan New partnerships work to transform the lives of people with experience of the criminal justice system. July Foundation announces multi-year partnership with National Gallery. Artwork by the St Faith's C. Mar Foundation supports National Numeracy Day. Aug New partnership supports diverse talent.

March Business Charity Awards shortlists Foundation. Jan University of Salford evaluates Money Mentors programme. Were interest rates or bond yields to normalise, traditional long-only credit funds could face a material challenge to returns. Whereas an approach such as our Global Investment Grade Credit Opportunities strategy, with very low interest rate sensitivity and benchmarked to a cash index, will be far better placed.

We seem to be approaching the end of what has been a rather long and very supportive credit cycle. This strategy has the ability to go short as well as long credit market risk and individual issuer exposure. Consequently, it is able to provide investors with positive returns irrespective of the direction of credit markets or bond spreads.

An absolute return type of approach lends itself well to the investment grade area of the credit market. There are a wide range of instruments that can be employed to go long and short with a relatively large overlap of the investment grade universe.

Our approach to managing credit strategies is grounded in intensive fundamental research and has enabled the team to generate attractive risk-adjusted returns through the cycle. Our global investment grade research team of 13 is resourced to provide a balance between detailed due diligence of issuers and clear vision of market and industry sector trends.

With an average of 20 years' industry experience, these analysts have developed expertise though a number of economic and credit cycles. The investment team of analysts and portfolio managers work together in a collaborative and interactive environment that allows the best ideas to emerge. Our approach is validated by a long and successful track record of producing strong risk-adjusted returns in traditional long-only and absolute return credit strategies.

The investment grade section of the Threadneedle Credit Opportunities Fund another absolute return credit fund managed by our team , has delivered over half of this fund's performance since its inception more than eight years ago.

The strategy will aim to deliver a return in excess of cash rates 1 of 2. Individual issuer and security selection is expected to provide the majority of the strategy's relative returns, and in managing this strategy we plan to emulate the investment approach taken in the management of the successful Threadneedle Credit Opportunities Fund. In practice this means the strategy will be constructed with a long-only portfolio of short maturity investments wedded to a number of other long and short strategies aiming to provide additional returns.

The management team will allocate active risk to whichever strategy is expected to provide superior risk-adjusted returns. Additionally, we will have the flexibility to invest in developed market asset-backed bonds, Asian corporate bonds and emerging market corporate bonds. The portfolio management team will assess the best investment grade-only ideas from these areas on a bottom-up basis against what is achievable in global developed market corporates.

This approach can improve both portfolio diversification and risk-adjusted returns. These investments will typically be the subordinated debt of investment grade issuers such as corporate hybrids and will exclude CCC-rated issues. The strategy's lead managers are Alasdair Ross and Ryan Staszewski.

Strategy aims to deliver 2. Big is best is not an adage that we subscribe to with the Threadneedle Global Smaller Companies strategy: we concentrate on high-quality growing companies that we believe are undervalued by the market - and we do so on a global scale.

We believe these companies make for strong long-term investments because the market tends to underappreciate the value of competitive advantages, which enable some firms to sustain high returns; and we believe targeting such firms on a global scale allows us to uncover the best investment opportunities. The case for small cap is well known: smaller companies tend to be more entrepreneurial than their larger peers, focusing on specific niches.

A high proportion of owner-managed businesses, as well as greater corporate flexibility, yields better long-term capital allocation to value-creating investments. In addition to its superior growth dynamics, the smaller companies' universe has a number of attributes that can generate alpha for the active investor:.

The level of research, and indeed media coverage, tends to be lower for smaller companies. Consequently, broader investor understanding of companies' business models, corporate cultures and earnings potential is diminished. This creates a valuable opportunity for the diligent investor to identify mispriced securities. Lower liquidity adds to the inefficiency of the asset class, potentially resulting in stocks being mispriced for long periods of time. In times of crisis or market corrections the active investor can take advantage of this market inefficiency.

There are numerous product niches and investment themes that large cap investors can struggle to get exposure to. Where large conglomerates are present, the value of these businesses can often be diluted by legacy business and central overheads. Smaller company investing allows portfolio managers to gain pure exposures to the most attractive themes in the market.

As such, global small caps have delivered consistent long-term growth over global large caps Figure 1 : Shows total return since 31 December Past performance is not a guide to future returns. All returns shown in US dollars. Not only has global small cap delivered better returns than global large cap, but it is also at only marginal additional risk Figure 2.

With all this in mind, it is when these opportunities are then exploited on a global stage that we believe the real strength of small cap investing lies. Sustainability is embedded in what we do at Columbia Threadneedle Investments, and we believe the rationale for long-term responsible investment is clear: strong business models with strong management that look to the future have the potential to deliver stronger, more sustainable investment returns.

The most important point about the global marketplace is that its sheer diversity means we can construct a well-diversified portfolio of best-in-class business models with pure exposures to the most promising investment themes. The second point about the global marketplace is that it has an enormous opportunity set, which gives investors access to a variety of investment themes.

The breadth of companies in the small cap space - more than 4, in the MSCI Global Smaller Companies Index - makes it an ideal hunting ground for active managers looking to exploit investment opportunities, and offers a bigger spread of potential returns than the large cap index.

Regional economies move at different speeds to one another, so portfolio managers can identify when one market is looking overvalued and can switch their attention to another market where there still may be bargains. This does require a significant amount of knowledge to be able to identify accurately such opportunities, but the Threadneedle Global Smaller Companies strategy is run in such a way as to capitalise on this.

Against such a diverse and exciting market, we implement a clear and consistent investment approach that has allowed us to deliver strong risk-adjusted returns for our clients. With key investment personnel across the globe - in the UK, Europe, US and Asia - we are able to draw on deep regional expertise to identify the really quality investments, as we consistently seek out high-quality businesses offering sustainable competitive advantages.

This team takes a robust, consistent, active approach to analysing the thousands of available stocks in the global small cap universe and assessing potential returns. While the regional small cap portfolios do not all adopt the same approach, there is a quality bias to them all, and that means there is a consistent stream of fresh ideas filtering from them into the global portfolio. The overarching strategy is about putting together a portfolio of companies under a single philosophy.

We achieve this through implementing our industry and business model analysis. We look at returns on capital: what is the margin profile, how volatile is the cashflow, how much cash should be reinvested to achieve growth potential? We look at sustainability: how sustainable is a firm's profitability, what will happen to its competitive position, is it at risk of disruption?

And we look at growth potential: can a business compound in size and value in the long term, do we believe it will be larger in five or 10 years, how is market saturation? We also use Professor Michael Porter's framework - 'Porter's Five Forces' - as a tool to evaluate the strength of a company versus its competitors. Meetings with company managements are undertaken to fully understand business models. This helps us identify potential high returns with a long-term view - we want to buy and hold a company for as long as possible - and allows us to whittle down the investable universe from around 4, stocks to a high conviction, diversified and balanced portfolio of holdings, once again helping us to manage risk through diversification.

There are numerous attributes of a business model or industry that may give a company a sustainable competitive advantage and superior long-term profitability. Below we highlight a few. Scale itself will not necessarily prevent new entrants, but it can create an enormous hurdle.

Its near-monopolistic position is further supported by so called 'cabotage' regulations which prevent overseas players from entering the market. With a fleet of 20 planes, Cargojet offers a unique and comprehensive air freight solution for major freight forwarders such as DHL and UPS whose volume growth is accelerating on the back of rising next day online retail sales. Cargojet serves all the major freight forwarders and can maintain optimum capacity utilisation of its fleet and maximise return on investment.

To compete with Cargojet a new entrant would not only need to invest an enormous amount of capital in its network, but also operate at very low utilisation rates, whilst building up its client base. Given the long-term contracts Cargojet has with its customers, this could prove a long and expensive process. Highly fragmented industries can have enormous inefficiencies. Companies that can consolidate such markets can attain significant cost synergies and improve aggregate operating performance.

In so doing it is professionalising what has long been a highly fragmented cottage industry. Thanks to its scale, SiteOne offers the broadest product offering more than , different products sourced from more than 3, suppliers to a highly fragmented but time-sensitive customer base, and is able to leverage its marketing budget and brands across a larger network.

In addition to being a compelling one-stop shop for its customers, its superior purchasing power and a more efficient supply chain enable it to offer attractive prices. Every business that it acquires brings new insights as to how the whole organisation can further improve its efficiency. Where a product or service is deeply embedded in its customers' operations it can be prohibitively expensive and risky to switch supplier.

Its products are used in the manufacturing of biologics such as oncology drugs, and they have very high switching costs. This is because the equipment used to manufacture the drugs becomes part of a validated process that must receive approval by regulators such as the FDA. Once a customer has selected Sartorius as a supplier it would be costly to revalidate the manufacturing process.

Therefore, its products will be used for the life of the drug, which can be years. This raises the barriers to entry, as the pharmaceutical company will only select suppliers it knows can supply in high quantities at the required quality for many years. Sartorius's products also cost a small proportion against the eventual revenue that the pharmaceutical company will make, further decreasing the incentive to switch suppliers.

Biosimilars generic versions of biopharmaceutical drugs are another opportunity that is emerging, which has created a new customer base for Sartorius. The Threadneedle Global Small Cap strategy has delivered strong and consistent risk-adjusted returns since the portfolio manager, Mark Heslop, has run the strategy from November Mark has a proven track record and significant expertise in smaller company investing, having joined the company in as a smaller companies' analyst in the European equities team.

Global small caps have outperformed their large cap counterparts for many years, offering better absolute and risk-adjusted returns. We believe they have the potential to do so in the future, given the inherent factors outlined above, such as superior growth prospects, a more entrepreneurial and focused management. The sector is also ideally suited to active management given factors such as the under-researched nature of the asset class and the wider dispersion of share price performance compared to the large cap sector.

Finally, we believe the best way of gaining exposure to the attractive return potential of global small caps is through a long-term managed strategy focused on the strongest business models with pure exposures to sustainable growth markets. It has been a long time coming, but investors are getting used to the idea that global bond yields are heading higher.

This has prompted a flurry of comment on how equity and fixed income markets might react to the repricing of bonds. Rather less notice has been paid to the potential impact of higher yields and interest rates on commodity prices. That government bond yields are increasing is not in question, especially in the US. The Federal Reserve's hikes since have slowly lifted the yields on US government debt. The current US administration is now reinforcing this trend. As the White House's lack of fiscal prudence becomes clearer, global investors are re-evaluating US bond risk, with knock-on implications for inflation, the dollar and equity markets.

In the commodity arena, rising bond yields will make it more expensive for producers to borrow. As a result, new projects will look less attractive and the supply response to higher commodity prices down the road could be significantly impaired. However, a potential headache for commodity producers could be an opportunity for investors.

Higher yields will help to strengthen already favourable supply-side constraints, which means that should commodity prices take off they could exceed expectations. Inventories have already tightened substantially across the commodity market as producers show uncharacteristic discipline at this point in the cycle. In our view, outside of the bond markets there are three key factors supporting supply constraints.

One is China, the world's biggest consumer of natural resources, which has been restricting supply in many commodities: specifically, coal, steel and aluminium for environmental reasons. China's concerted action has already had the effect of pushing up the prices of coal, iron ore and base metals and has had a positive impact on the materials sector. Again, this is an unprecedented situation. Looking back over a year horizon, OPEC's attempts to get Russia to cooperate on cuts has never worked.

Now we have more than a year's evidence that demonstrates this time is different. OPEC and Russia started cutting production at the end of and, having gone through , look like they will keep the market balanced through as well. They appear notably unified in their coordination.

We talk to producers across the spectrum of base metals, precious metals, bulk commodities and energy. In the conversations we have been having, producers remain focused on repairing their balance sheets and creating shareholder value rather than just increasing production. Agricultural commodity inventories are also tightening, which will be significant if we suffer a harvestdamaging weather event. This year has already seen substantial increases in prices for grains and oilseeds.

These have been the result of two fairly localised weather events: the first affecting wheat in the south-west plains of the United States; the second impacting soybean production in Argentina. A further weather event affecting the northern hemisphere could push agricultural prices significantly higher still. The commodity sector has never been so disciplined about limiting new production as prices stabilise and in some cases increase. This rigour comes at a time when contemporaneous global growth in emerging and developed markets is supporting demand for key commodities.

If anything, we are seeing an acceleration of demand in the emerging markets as a weaker dollar has supported releveraging, growth and investment. Over the medium term, precious metals should also benefit from higher inflation. There remain areas of uncertainty and potential volatility. The steel and aluminium tariffs announced by the US administration were, in and of themselves, not significant for medium-term commodity prices.

That changes as they result in retaliation and escalate into trade war. The past two years has seen a pick-up in luxury goods, as the global economy continues to expand. Chinese sales are trending upwards and growth has rebounded in Japan and Europe.

INVESTMENTS/E3

Highly fragmented industries can have enormous inefficiencies. Companies that can consolidate such markets can attain significant cost synergies and improve aggregate operating performance. In so doing it is professionalising what has long been a highly fragmented cottage industry. Thanks to its scale, SiteOne offers the broadest product offering more than , different products sourced from more than 3, suppliers to a highly fragmented but time-sensitive customer base, and is able to leverage its marketing budget and brands across a larger network.

In addition to being a compelling one-stop shop for its customers, its superior purchasing power and a more efficient supply chain enable it to offer attractive prices. Every business that it acquires brings new insights as to how the whole organisation can further improve its efficiency.

Where a product or service is deeply embedded in its customers' operations it can be prohibitively expensive and risky to switch supplier. Its products are used in the manufacturing of biologics such as oncology drugs, and they have very high switching costs. This is because the equipment used to manufacture the drugs becomes part of a validated process that must receive approval by regulators such as the FDA. Once a customer has selected Sartorius as a supplier it would be costly to revalidate the manufacturing process.

Therefore, its products will be used for the life of the drug, which can be years. This raises the barriers to entry, as the pharmaceutical company will only select suppliers it knows can supply in high quantities at the required quality for many years. Sartorius's products also cost a small proportion against the eventual revenue that the pharmaceutical company will make, further decreasing the incentive to switch suppliers. Biosimilars generic versions of biopharmaceutical drugs are another opportunity that is emerging, which has created a new customer base for Sartorius.

The Threadneedle Global Small Cap strategy has delivered strong and consistent risk-adjusted returns since the portfolio manager, Mark Heslop, has run the strategy from November Mark has a proven track record and significant expertise in smaller company investing, having joined the company in as a smaller companies' analyst in the European equities team. Global small caps have outperformed their large cap counterparts for many years, offering better absolute and risk-adjusted returns.

We believe they have the potential to do so in the future, given the inherent factors outlined above, such as superior growth prospects, a more entrepreneurial and focused management. The sector is also ideally suited to active management given factors such as the under-researched nature of the asset class and the wider dispersion of share price performance compared to the large cap sector. Finally, we believe the best way of gaining exposure to the attractive return potential of global small caps is through a long-term managed strategy focused on the strongest business models with pure exposures to sustainable growth markets.

It has been a long time coming, but investors are getting used to the idea that global bond yields are heading higher. This has prompted a flurry of comment on how equity and fixed income markets might react to the repricing of bonds. Rather less notice has been paid to the potential impact of higher yields and interest rates on commodity prices. That government bond yields are increasing is not in question, especially in the US.

The Federal Reserve's hikes since have slowly lifted the yields on US government debt. The current US administration is now reinforcing this trend. As the White House's lack of fiscal prudence becomes clearer, global investors are re-evaluating US bond risk, with knock-on implications for inflation, the dollar and equity markets.

In the commodity arena, rising bond yields will make it more expensive for producers to borrow. As a result, new projects will look less attractive and the supply response to higher commodity prices down the road could be significantly impaired. However, a potential headache for commodity producers could be an opportunity for investors.

Higher yields will help to strengthen already favourable supply-side constraints, which means that should commodity prices take off they could exceed expectations. Inventories have already tightened substantially across the commodity market as producers show uncharacteristic discipline at this point in the cycle.

In our view, outside of the bond markets there are three key factors supporting supply constraints. One is China, the world's biggest consumer of natural resources, which has been restricting supply in many commodities: specifically, coal, steel and aluminium for environmental reasons. China's concerted action has already had the effect of pushing up the prices of coal, iron ore and base metals and has had a positive impact on the materials sector.

Again, this is an unprecedented situation. Looking back over a year horizon, OPEC's attempts to get Russia to cooperate on cuts has never worked. Now we have more than a year's evidence that demonstrates this time is different. OPEC and Russia started cutting production at the end of and, having gone through , look like they will keep the market balanced through as well. They appear notably unified in their coordination. We talk to producers across the spectrum of base metals, precious metals, bulk commodities and energy.

In the conversations we have been having, producers remain focused on repairing their balance sheets and creating shareholder value rather than just increasing production. Agricultural commodity inventories are also tightening, which will be significant if we suffer a harvestdamaging weather event. This year has already seen substantial increases in prices for grains and oilseeds. These have been the result of two fairly localised weather events: the first affecting wheat in the south-west plains of the United States; the second impacting soybean production in Argentina.

A further weather event affecting the northern hemisphere could push agricultural prices significantly higher still. The commodity sector has never been so disciplined about limiting new production as prices stabilise and in some cases increase.

This rigour comes at a time when contemporaneous global growth in emerging and developed markets is supporting demand for key commodities. If anything, we are seeing an acceleration of demand in the emerging markets as a weaker dollar has supported releveraging, growth and investment.

Over the medium term, precious metals should also benefit from higher inflation. There remain areas of uncertainty and potential volatility. The steel and aluminium tariffs announced by the US administration were, in and of themselves, not significant for medium-term commodity prices.

That changes as they result in retaliation and escalate into trade war. The past two years has seen a pick-up in luxury goods, as the global economy continues to expand. Chinese sales are trending upwards and growth has rebounded in Japan and Europe. This compares with a historic range of times. Within the luxury goods sector there have been winners and losers.

Jewellery has outperformed watches and, by and large, French brands have outperformed Italian, with some exceptions. The outstanding performer of the past year was Kering, headed by Francois-Henri Pinault. The team have rebranded the company and launched new products, resulting in impressive sales growth. LVMH, with best-in-class management and 70 brands, has continued to perform well.

The CEO, Bernard Arnault, and CFO, Jean-Jacques Guiony, have pushed the group to expand through successful, performance-enhancing acquisitions to produce consistent performance, even when cynics have said those acquisitions were over-expensive. The performance of the sector shows this area of retail has seen volume recovery. Volume precedes price - so if economic stability continues and geopolitical events do not derail the trend we should see some pricing power returning.

For example, how much would someone pay for a handbag? So perhaps pricing power is already here. There are three key risks to future growth in the sector. First is China. Since the ban the market has normalised, but is unlikely to return to previous highs. A repeat of this in China would have similarly damaging effects. However, given that the government in China is more consumer-focused, this seems unlikely.

Second, there is a shift towards experience over ownership. The travel sector is a particular beneficiary, a trend that could threaten luxury goods sales. However, travel is more at risk from geo-political destabilisation or health scares. Third, fashions change.

The fear for luxury goods manufacturers is that the consumer no longer favours a brand's products. Thankfully, such shifts are well signposted and the fashion cycle is reasonably long. Kering, LVMH and others have shown that aggregating brands in one business gives scale, boosting sales and profitability. So we expect some of the minnows to sell out - and a consolidating industry is healthy and ripe for successful investment.

We have seen some firms expanding into lucrative areas of fashion, such as Moncler entering knitwear, and this is a trend worth watching. New management bringing new ideas may also benefit some companies. For example, Moncler's 'Genius' collection, unveiled at the Milan Fashion Week, eschews the industry-standard twice-yearly release rhythm by rolling out collections once a month.

We believe jewellery will continue to outperform watches, and see promising signs of innovation in this area. Pandora, famed for its silver charms and bracelets, is poised to bring out its new 'Shine' collection of gold-plated jewellery, which might attract new buyers as well as existing customers.

Finally, we are also seeing soft luxury goods - high-end apparel and leather goods - enjoying strong and continuing momentum. Any opinions expressed are made as at the date of publication but are subject to change without notice and should not be seen as investment advice. Information obtained from external sources is believed to be reliable but its accuracy or completeness cannot be guaranteed.

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Generating a consistent income from bricks and mortar in Income dominates the total return over the long term. Diversification is key to capturing varying sector performance. Industrials should continue to outperform in In summary: We are flexible buyers rather than buyers of 'trophy assets'. Active asset management is integral to our process as it creates and protects value and income.

Good stock picking is an essential part of strategy implementation. We avoid high-risk speculative development. Refurbishments are comparatively quick and a low-risk method of enhancing latent value. Ryan Staszewski, Portfolio Manager. Global Investment Grade Opportunities strategy aiming for absolute returns Our Global Investment Grade Credit Opportunities strategy takes an absolute return approach to the global investment grade credit market The strategy aims to deliver consistent positive returns, irrespective of market conditions Developed market interest rates and bond yields are close to historical lows at a time when the global economy is recovering well and monetary policy is slowly but steadily changing direction.

In a world where the era of ultra-loose monetary policy is reversing and the long credit cycle is nearing its end, returns from long-only credit investment may be called into question. With a long-short approach and a global research and management framework, our global investment grade credit opportunities strategy is well positioned to navigate this shifting terrain and provide investors with the potential to generate consistent risk-adjusted returns, irrespective of market conditions.

Mark Heslop, Portfolio Manager. Going global with a consistent small cap strategy Global marketplace allows us to invest in the very best We use an active approach to identify companies with sustainable competitive advantages Returns have consistently outstripped large cap counterparts Big is best is not an adage that we subscribe to with the Threadneedle Global Smaller Companies strategy: we concentrate on high-quality growing companies that we believe are undervalued by the market - and we do so on a global scale.

Small companies In addition to its superior growth dynamics, the smaller companies' universe has a number of attributes that can generate alpha for the active investor: 1 The market becomes less efficient the lower down the market cap scale we go.

Greater opportunities The second point about the global marketplace is that it has an enormous opportunity set, which gives investors access to a variety of investment themes. Teamwork and global expertise delivers alpha Against such a diverse and exciting market, we implement a clear and consistent investment approach that has allowed us to deliver strong risk-adjusted returns for our clients.

Figure 3: Investment philosophy Source: Columbia Threadneedle Investments The overarching strategy is about putting together a portfolio of companies under a single philosophy. This means that you have informed them of our identity and the purpose for which their personal data will be processed, namely to verify their name and address and otherwise only in connection with you.

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