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CI Global Asset Management to Acquire Invesco's Canadian Investment Fund Assets and Form Long-Term Strategic Partnership

  • CI Global Asset Management (CI GAM) agreed to acquire Invesco's Canadian fund business, which holds approximately C$26 billion in assets under management.
  • Under the transaction, CI GAM will become the manager of 100 mutual funds & exchange-traded funds (ETFs) currently offered by Invesco Canada Ltd.
  • Invesco affiliates will continue to provide sub-advisory portfolio management services for 63 funds with approximately C$13 billion in assets under a long-term strategic partnership.
  • The acquisition will increase CI GAM's total assets under management to approximately C$170 billion.
  • The transaction is expected to close in the second quarter of 2026, subject to regulatory approvals & securityholder votes for the respective funds.
  • Morgan Stanley & Co. LLC acts as financial advisor to Invesco, while Jefferies Securities Inc. acts as financial advisor to CI GAM.