Business
Invesco Ltd. Enters into Agreement to Sell Management Agreements Relating to Canadian Fund Business to CI Investments Inc.
Invesco Ltd. ("Invesco"), Invesco Canada Ltd. ("Invesco Canada") announced today that it has entered into a definitive agreement to sell the management agreements relating to its Canadian fund business to CI Investments Inc., operating as CI Global Asset Management ("CI GAM"). Under the terms of the agreement and subject to the receipt of all necessary consents and approvals, CI GAM will become the manager and portfolio manager of the Invesco Canada family of retail mutual funds and exchange tra
About this update from Invesco Ltd
[{"type":"text","content":"TORONTO, Jan. 13, 2026 /PRNewswire/ -- Invesco Ltd. ("Invesco"), Invesco Canada Ltd. ("Invesco Canada") announced today that it has entered into a definitive agreement to sell the management agreements relating to its Canadian fund business to CI Investments Inc., operating as CI Global Asset Management ("CI GAM"). Under the terms of the agreement and subject to the receipt of all necessary consents and approvals, CI GAM will become the manager and portfolio manager of the Invesco Canada family of retail mutual funds and exchange traded funds (collectively, the "Funds") and CI GAM will enter into a long-term arrangement with certain Invesco affiliates to continue to provide sub-advisory services in respect of certain Funds (the "Transaction").","length":803,"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":"The Transaction will result in CI GAM becoming the manager, portfolio manager and trustee, as applicable, of the Group A Funds and Group B Funds listed below following closing of the Transaction, while Invesco affiliates will continue to act as sub-adviser for the Group B Funds listed below:","length":292,"tagName":"p"},{"type":"text","content":"Group A Funds","length":13,"tagName":"p"},{"type":"text","content":"Canadian Equities","length":17,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;BORDER-TOP-STYLE:initial;BORDER-LEFT-STYLE:initial;BORDER-RIGHT-STYLE:none;VERTICAL-ALIGN:BOTTOM;","val":[{"type":"text","content":"Invesco Canadian Class","length":22,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;BORDER-TOP-STYLE:init...