BMO Global Asset Management has one more milestone to help establish its presence in the U.S.

The Toronto-based company announced today that its U.S. mutual fund family has surpassed $10 billion in assets under management. The business grew by 19.4% last year through Dec. 31, 2012, making it the 23rd fastest growing mutual fund business in the U.S., according to a BMO press release. 

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