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News round-up: US climate targets, US Solar Fund, Columbia Threadneedle, FTSE Russell, and more

Ameriprise Financial to acquire BMO's EMEA asset management business

Investors warn insurers about stranded assets arising from climate change action

US insurers and their regulators should pay more attention to the risk that fossil fuel assets in which they are invested could become 'stranded' as a result of action to combat climate change, a group of major investors has warned.