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MEDIA RELEASE<br />

THREADNEEDLE ADDS TWO MORE KEY HIRES TO ITS GROWING<br />

ASIAN TEAM<br />

HONG KONG / SINGAPORE 22 August 2011: Leading international asset manager<br />

Threadneedle Investments (Threadneedle) has made two <strong>more</strong> <strong>appointments</strong> to its growing<br />

business development team in Asia. <strong>Ben</strong> <strong>Hwa</strong> joined on 25 July as Sales Director <strong>and</strong> Mir<strong>and</strong>a<br />

Huang joined on 10 August as Sales Manager, reporting to <strong>Ben</strong>. Both are focusing on the<br />

Taiwan market <strong>and</strong> are part of the Wholesale Distribution, Family Office & Foundations team,<br />

Asia Pacific, which is headed by Michael Langlois.<br />

Mr Langlois, commented: “We have been building up the business development capabilities in<br />

Asia since the start of the year as we continue to refine Threadneedle’s product suite for clients<br />

across the Asia Pacific region, underpinned by a robust investment process, strong investment<br />

performance <strong>and</strong> supported by leading client service.<br />

“<strong>Ben</strong> <strong>Hwa</strong> <strong>and</strong> Mir<strong>and</strong>a Huang will be leading our business in Taiwan, which has an established<br />

<strong>and</strong> growing funds market. These <strong>appointments</strong> follow those of Gerard Clancy, Richmond<br />

Herrera <strong>and</strong> Kent Ng as Sales Directors for Asia in April this year, reflecting Threadneedle’s<br />

ambitious plans in the region.”<br />

<strong>Ben</strong> <strong>Hwa</strong>, Wholesale Sales Director, Taiwan – Mr <strong>Hwa</strong> has 23 years financial experience,<br />

predominantly in Taiwan <strong>and</strong> Hong Kong. He has held a number of roles in wholesale sales <strong>and</strong><br />

private banking, including as Executive Vice President of Capital Securities <strong>and</strong> Head of Sales<br />

at Baring SICE (Taiwan) Ltd.<br />

Mir<strong>and</strong>a Huang, Wholesale Sales Manager, Taiwan – Ms Huang joins Threadneedle from ANZ<br />

Financial Planning Group where she was an Investment Consultant Manager, providing<br />

financial planning client service <strong>and</strong> communications to ANZ’s branches in Taiwan. Prior to this<br />

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she was Client Relationship Manager with UBS Asset Manager, Taiwan. She has nine years’<br />

experience in the Taiwanese high net worth, private banking <strong>and</strong> bancassurance markets.<br />

Threadneedle established a presence in Asia in 2008 <strong>and</strong> has offices in Singapore <strong>and</strong> Hong<br />

Kong. Part of Ameriprise Financial (NYSE: AMP), the company last year announced plans to<br />

exp<strong>and</strong> its Asian business, building on its established presence <strong>and</strong> considerable investment<br />

capabilities, <strong>and</strong> that of Columbia Management, its fellow asset management subsidiary of<br />

Ameriprise Financial.<br />

Last month Threadneedle announced the appointment of June Wong as Regional Vice<br />

Chairman for Asia, CEO Hong Kong, <strong>and</strong> Global Consultant Relations.<br />

- ENDS -<br />

For further comment please contact:<br />

Charlotte Bilney, Citigate Dewe Rogerson Natalie Carter, Grayling<br />

Ph: +852 3103 0103 Ph: +65 6325 4606<br />

M: +852 9314 3463 M: +65 97520103<br />

About Threadneedle<br />

Threadneedle is a leading international investment manager with a strong track record of<br />

outperformance across asset classes. We actively manage £68.8bn (as at 30 June 2011) of<br />

assets, investing on behalf of individuals, pension funds, insurers <strong>and</strong> corporations. We are a<br />

top 10 UK fund manager by AUM, <strong>and</strong> the 4th largest UK retail fund manager 1 . In Europe we<br />

rank in the top 40 2 . Established in 1994 in London, Threadneedle operates in 15 countries<br />

across Europe, the Middle East, Asia Pacific <strong>and</strong> North America.<br />

Threadneedle's distinctive investment approach is based on creative thinking, sharing of ideas<br />

<strong>and</strong> rigorous debate. Our 120 investment professionals invest across developed <strong>and</strong> emerging<br />

market equities, fixed income, commodities <strong>and</strong> UK property. As at 30 June 2011, 74% of<br />

Threadneedle funds outperformed over 1 year, 73% over 3 years <strong>and</strong> 84% over 5 years. 3<br />

Threadneedle is owned by Ameriprise Financial (NYSE: AMP), a leading US diversified<br />

financial services company with US$670bn in total assets under management <strong>and</strong><br />

administration. As its international investment platform, Threadneedle provides Ameriprise <strong>and</strong><br />

its retail <strong>and</strong> institutional clients with world class investment solutions.<br />

1<br />

UK IMA rankings, May 2011, see www.investmentfunds.org.uk<br />

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2<br />

Morningstar June 2011<br />

3<br />

All funds managed by Threadneedle, including segregated accounts/portfolios. The data does not include funds sub-advised by<br />

third parties or guest funds on a Threadneedle platform. All figures are as at 30 June 2011, in GBP unless stated otherwise. Total<br />

value of funds outperforming their relevant benchmark expressed as a percentage of total assets under management. This<br />

information aims to demonstrate the overall performance capabilities of Threadneedle’s asset management team. It is not intended<br />

to indicate the performance of individual funds or products. Please refer to product specific documentation in relation to individual<br />

funds. Past performance is not a guide to future performance. The value of investments <strong>and</strong> any income is not guaranteed <strong>and</strong> can<br />

go down as well as up.<br />

Disclaimer:<br />

Past performance is not guide to future performance. Shares in certain Funds may not be offered, sold or delivered directly or<br />

indirectly in the United States or to or for the account or benefit of any “U.S. Person”, as defined in Regulation S under the 1933 Act.<br />

This material is for information only <strong>and</strong> does not constitute an offer or solicitation of an order to buy or sell any securities or other<br />

financial instruments, or to provide investment advice or services.<br />

Issued by Threadneedle Asset Management Limited. Registered in Engl<strong>and</strong> <strong>and</strong> Wales, No. 573204, 60 St Mary Axe, London EC3A<br />

8JQ. Authorised <strong>and</strong> regulated in the UK by the Financial Services Authority.<br />

Issued in Hong Kong by Threadneedle Portfolio Services Hong Kong Limited ("TPSHKL"). Registered Office: Level 7, Two<br />

Exchange Square, 8 Connaught Place, Central, Hong Kong. Registered in Hong Kong under the Companies Ordinance (Chapter<br />

32), No. 173058.<br />

Authorised <strong>and</strong> regulated in Hong Kong by the Securities <strong>and</strong> Futures Commission. Please note that TPSHKL can only deal with<br />

professional investors in Hong Kong within the meaning of the Securities <strong>and</strong> Futures Ordinance. The contents of this document<br />

have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise caution in relation to the offer. If you<br />

are in any doubt <strong>about</strong> any of the contents of this document you should obtain independent professional advice.<br />

Issued in Singapore by Threadneedle Investments Singapore (Pte) Limited, 07-07 Winsl<strong>and</strong> House 1, 3 Killiney Road, Singapore<br />

239519. The Fund mentioned in this document is a restricted scheme recognised by the MAS <strong>and</strong> is available only to residents of<br />

Singapore who are Institutional Investors under Section 304 of the SFA, relevant persons pursuant to Section 305(1), or any person<br />

pursuant to Section 305(2) in accordance with the conditions of, any other applicable provision of the SFA.<br />

To the extent that this document contains financial product advice, that advice is provided by Threadneedle International Limited.<br />

Threadneedle International Limited is exempt from the requirement to hold an Australian financial services licence under the<br />

Corporations Act in respect of the financial services it provides. Threadneedle International Limited is regulated by the Financial<br />

Services Authority under UK laws, which differ from Australian laws.<br />

Threadneedle Investments is a br<strong>and</strong> name, <strong>and</strong> both the Threadneedle Investments name <strong>and</strong> logo are trademarks or registered<br />

trademarks of the Threadneedle group of companies. Any opinions expressed are made as at the date of publication but are subject<br />

to change without notice.<br />

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