Ameriprise 2015 Annual Report Download - page 82

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The following table presents managed asset net flows:
Years Ended
December 31,
2015 2014 Change
(in billions)
Columbia managed asset net flows $ (8.9) $ 2.3 $ (11.2) NM
Threadneedle managed asset net flows (5.3) — (5.3) NM
Less: Sub-advised eliminations (1.6) (0.2) (1.4) NM
Total managed asset net flows $ (15.8) $ 2.1 $ (17.9) NM
NM Not Meaningful.
The following table presents managed assets by type:
Average(1)
December 31, December 31,
2015 2014 Change 2015 2014 Change
(in billions)
Equity $ 255.5 $ 278.1 $ (22.6) (8)% $ 271.5 $ 279.4 $ (7.9) (3)%
Fixed income 176.6 193.4 (16.8) (9) 188.1 195.9 (7.8) (4)
Money market 7.5 6.7 0.8 12 6.8 6.6 0.2 3
Alternative 8.2 7.4 0.8 11 7.9 7.0 0.9 13
Hybrid and other 24.1 20.0 4.1 21 22.2 18.4 3.8 21
Total managed assets $ 471.9 $ 505.6 $ (33.7) (7)% $ 496.5 $ 507.3 $ (10.8) (2)%
(1) Average ending balances are calculated using an average of the prior period’s ending balance and all months in the current period.
The following tables present the changes in Columbia and Threadneedle managed assets:
Years Ended
December 31,
2015 2014
(in billions)
Columbia Managed Assets Rollforward
Retail Funds
Beginning assets $ 237.7 $ 239.4
Mutual fund inflows 35.1 36.0
Mutual fund outflows (50.3) (47.4)
Net VP/VIT fund flows (0.7) (0.9)
Net new flows (15.9) (12.3)
Reinvested dividends 13.3 13.4
Net flows (2.6) 1.1
Distributions (15.7) (15.9)
Market appreciation (depreciation) and other (1.0) 13.1
Total ending assets 218.4 237.7
Institutional
Beginning assets 80.7 75.6
Inflows 18.4 20.4
Outflows (25.4) (20.2)
Net flows (7.0) 0.2
Market appreciation and other 0.6 4.9
Total ending assets 74.3 80.7
Alternative
Beginning assets 6.7 5.6
Inflows 1.5 1.7
Outflows (0.8) (0.7)
Net flows 0.7 1.0
Market appreciation and other 0.1 0.1
Total ending assets 7.5 6.7
Affiliated General Account Assets 34.5 36.1
Total Columbia managed assets $ 334.7 $ 361.2
Total Columbia net flows $ (8.9) $ 2.3
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