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F&C brand in peril

img_0027F&C Asset Management, which has been acquired by Canada’s Bank of Montreal, is afraid that the bank may drop its historic brand. The bank first announced a deal to buy F&C Asset Management in early 2014 for a cash payment of £708 million. The F&C brand dates back as far back as the Foreign & Colonial Government Trust in 1868. The name is one of the oldest in the London’s fund management industry and is well-known for being the first fund house in Europe to launch a collective investment product. Following the completion of the acquisition, BMO co-chief executive Barry McInerney said the continuation of the F&C brand is now ‘under consideration’.

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