Business
CI Global Asset Management to Acquire Invesco's Canadian Investment Fund Assets and Form Long-Term Strategic Partnership
CI Global Asset Management ("CI GAM") and Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, today announced an agreement under which CI GAM will acquire the management agreements relating to Invesco's Canadian fund business with combined total assets under management of approximately C$26 billion.
About this update from Invesco Ltd
[{"type":"text","content":"TORONTO and ATLANTA, Jan. 13, 2026 /PRNewswire/ -- CI Global Asset Management ("CI GAM") and Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, today announced an agreement under which CI GAM will acquire the management agreements relating to Invesco's Canadian fund business with combined total assets under management of approximately C$26 billion.","length":379,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Invesco Ltd.)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Invesco Ltd.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":70,"url":"https://media.zenfs.com/en/cnwgroup.com/7a4d4453e519de376796372b0516e8a4"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/c_2rSbQ1vI35yUk5njZFGg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTEyMztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/7a4d4453e519de376796372b0516e8a4","width":400,"height":70}},"href":"https://mma.prnewswire.com/media/1434026/Invesco_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Under the terms of the agreement, CI GAM, the Canadian asset management subsidiary of CI Financial Corp. ("CI"), will become manager of 100 mutual funds and exchange-traded funds (funds) currently offered by Invesco Canada Ltd. Additionally, Invesco and CI GAM will enter into a long-term strategic partnership under which Invesco affiliates will continue to provide portfolio management services to 63 funds through a sub-advisory arrangement with total assets under management of approximately C$13 billion, providing securityholders with both a consistent investment experience and the benefits of the scaled operating and distribution platform of CI GAM.","length":668,"tagName":"p"},{"type":"text","content":"As a result of the transaction, CI GAM's assets under management will increase to approximately C$170 billion.","length":114,"tagName":"p"},{"type":"text","content":""This acquisition will cement our ranking as one of the largest investment fund companies in Canada and position the firm for continued growth," said Kurt MacAlpine, CI Chief Executive Officer. "It also reflects CI Financial's continued commitment to investing in our Canadian businesses and highlights how operating as a private company allows us to unlock new opportunities to create meaningful lon...