PRNewsWire
01 Jun 2026, 11:49 UTC · 1h ago
Source · https://www.prnewswire.com/news-releases/ci-global-asset-management-completes-acquisition-of-invescos-canadian-investment-fund-assets-302787035.html
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CI Global Asset Management has completed the acquisition of Invesco's Canadian investment fund business, adding approximately C$27 billion to its assets under management. — Increases CI Financial's market scale and competitive position in the Canadian wealth management sector, likely boosting revenue potential.
+0.40CI GAM's total assets under management have increased to approximately C$175 billion following the transaction. — Significant growth in AUM provides greater operational leverage and a larger footprint for the company.
+0.30Invesco and CI GAM have established a strategic partnership where Invesco will continue to provide portfolio management for 61 funds totaling C$13 billion via sub-advisory arrangements. — Reduces transition risk and ensures a continuing revenue stream for Invesco while maintaining stability for the funds' investors.
+0.20Ticker attribution
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Model heads
Significantly increased assets under management to C$175 billion and expanded its ETF franchise through the acquisition.
Successfully completed the sale of its Canadian fund assets and established a strategic sub-advisory partnership.
Acted as a financial advisor in the transaction, which does not meaningfully impact its valuation.
Acted as a financial advisor in the transaction, which does not meaningfully impact its valuation.
[a_to_b] CI Financial Corp (parent of CI GAM) acquired Invesco's Canadian investment fund assets.
[mutual] The companies formed a long-term strategic partnership for sub-advisory portfolio management services.
[a_to_b] Invesco affiliates provide portfolio management services to funds now managed by CI GAM.
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