Veteran portfolio manager Jeffrey Knight, who recently left Putnam Investments, has turned up at Columbia Management as Head of Global Asset Allocation. Knight will oversee an existing suite of asset allocation solutions, including institutional strategies and mutual funds.

Knight most recently served in the same capacity at Putnam, where he began his career in 1993 as senior quantitative analyst in the Global Asset Allocation Group.

"We`re incredibly pleased to add such an experienced and highly regarded investment professional to lead our Global Asset Allocation Team," stated Colin Moore, chief investment officer. "Jeff`s leadership will help us further enhance our existing asset allocation capabilities on behalf of institutional clients, financial advisors and retail investors."

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