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Future sale: Financial and operational considerationsas part of a plan to sharpen its focus on North America. BMO's asset manager for Europe, the Middle East and Africa, or EMEA, is mostly. BMO asset management sale is on strategy: Moody's Bank of Montreal's (BMO) move to sell its foreign asset management business is on strategy. The acquisition of Bank of Montreal's EMEA and Asia Pacific asset management business (BMO GAM (EMEA/Asia Pacific)) completed on 8th November.