MEDIA RELEASE THREADNEEDLE APPOINTS TOBY NANGLE AS HEAD OF MULTI-ASSET LONDON, 19 JULY 2011: Threadneedle Investments, a leading international asset manager, has appointed Toby Nangle as Head of Multi-Asset reporting to Mark Burgess, Chief Investment Officer. Toby will join in January 2012 and will be based in London. Toby’s responsibilities will focus on growing the already substantial multi-asset franchise at Threadneedle capitalising on its outstanding long term track record in this area. He will work closely with the existing asset allocation team to further enhance the process and focus on new and existing product design. In this role he will work alongside Alex Lyle, Head of Managed Funds. Prior to joining Threadneedle Investments Toby was a Director of both the Multi Asset and Fixed Income Teams at Baring Asset Management. He joined Baring’s fixed income team in 1997 and held various positions including Head of Global Aggregate Fixed Income, and since 2007 has been member of the firm’s asset allocation group, and has managed multi-asset portfolios. Threadneedle Investment's Chief Investment Officer Mark Burgess, comments: “Multi-asset funds are increasing in popularity as a core holding among institutional and retail investors and Toby brings with him a proven track record in this area. Our robust multi-asset product range is supported by good long term performance and clear ambitions for the future. I am confident that Toby will develop and strengthen this range, and will continue to deliver out-performance for clients.” - ENDS For further comment please contact: Ella Tekdag Laura Cook +44 20 7464 5082 +44 20 7464 5650 Ella.Tekdag@Threadneedle.com Laura.Cook@Threadneedle.com 1/2 Notes to Editors About Threadneedle Investments Threadneedle Investments is a leading international investment manager with a strong track record of outperformance across asset classes. We actively manage £66.6bn (as at 31st March 2011) of assets, investing on behalf of individuals, pension funds, insurers and corporations. We are a top 10 UK fund manager by AUM, and the 4th largest UK retail fund manager 1. In Europe we rank in the top 402. Established in 1994 in London, Threadneedle Investments operates in 15 countries across Europe, the Middle East, Asia Pacific and North America. Threadneedle Investments’ distinctive investment approach is based on creative thinking, sharing of ideas and rigorous debate. Our 120 investment professionals invest across developed and emerging market equities, fixed income, commodities and UK property. As at 31 March 2011, 78% of Threadneedle Investments funds outperformed over 1 year, 84% over 3 years and 87% over 5 years.3 Year to date Threadneedle has won 123 prestigious fund management industry awards globally4. Threadneedle Investments is owned by Ameriprise Financial (NYSE: AMP), a leading US diversified financial services company with over US$693bn in owned, managed and administered assets. As its international investment platform, Threadneedle Investments provides Ameriprise and its retail and institutional clients with world class investment solutions. 1 2 UK IMA rankings, March 2011, see www.investmentfunds.org.uk Morningstar March 2011 3 All funds managed by Threadneedle Investments, including segregated accounts/portfolios. The data does not include funds subadvised by third parties or guest funds on a Threadneedle Investments platform. All figures are as at 31 March 2011, in GBP unless stated otherwise. Total value of funds outperforming their relevant benchmark expressed as a percentage of total assets under management. This information aims to demonstrate the overall performance capabilities of Threadneedle Investments’ asset management team. It is not intended to indicate the performance of individual funds or products. Please refer to product specific documentation in relation to individual funds. Past performance is not a guide to future performance. The value of investments and any income is not guaranteed and can go down as well as up. 4 For details see: www.threadneedle.com/awards This material is for information only and does not constitute an offer or solicitation of an order to buy or sell any securities or other financial instruments, or to provide investment advice or services. The research and analysis included in this document has been produced by Threadneedle Investments for its own investment management activities, may have been acted upon prior to publication and is made available here incidentally. Any opinions expressed are made as at the date of publication but are subject to change without notice. Information obtained from external sources is believed to be reliable but its accuracy or completeness cannot be guaranteed. Issued by Threadneedle Asset Management Limited. Registered in England and Wales, No. 573204, 60 St Mary Axe, London EC3A 8JQ. Authorised and regulated in the UK by the Financial Services Authority. 2/2